104Maximum amount of compensation payable

104 Maximum amount of compensation payable

The compensation payable for financial loss under section 98 must not exceed the difference between—

(a) the value of the land at the date on which the liability to pay compensation first arose; and

(b) the value that the land would have had at the date if the land had not been affected by any circumstance set out in section 98(1) or (2) or 107.

S. 104A inserted by No. 81/2006 s. 60.