Sheep Stocks Valuation (Scotland) Act 1937

3Determination by Land Court of questions as to value of sheep stock.

(1)Any question or difference as to the price or value of sheep stock required in terms of any lease (whether entered into before or after the passing of this Act) to be taken over at the termination of the tenancy by the landlord or incoming tenant, may, if both parties agree, in lieu of being determined in the manner provided in the lease, be determined by the Land Court, and the Land Court shall, on the joint application of the parties, determine such question or difference accordingly.

(2)The provisions of the Small Landholders (Scotland) Acts, 1886 to 1931, with regard to the Land Court shall, with any necessary modifications, apply for the purpose of the determination of any such question or difference as aforesaid in like manner as those provisions apply for the purpose of the determination by the Land Court of matters referred to them under those Acts.