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Land Acquisition (Just Terms Compensation) Act 1991
61Special provision relating to market value assessed on potential of land
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61 Special provision relating to market value assessed on potential of land
61 Special provision relating to market value assessed on potential of land
If the market value of land is assessed on the basis that the land had potential to be used for a purpose other than that for which it is currently used, compensation is not payable in respect of—
(a) any financial advantage that would necessarily have been forgone in realising that potential, and
(b) any financial loss that would necessarily have been incurred in realising that potential.