Amendments proposed to the Planning and Compulsory Purchase Bill, As Amended - continued | House of Commons |
back to previous text |
Planning contribution: Wales
Mr Secretary Prescott NC3 To move the following Clause:'In relation to land in Wales, sections (Planning contribution) and (Planning contribution: regulations) apply subject to the following modifications
Compensation: advance payments to mortgagees
Mr Secretary Prescott NC4 To move the following Clause:'(1) The Land Compensation Act 1973 is amended as follows. (2) In section 52 (right to advance payment of compensation)
(3) After section 52 of that Act there are inserted the following sections "52ZA Advance payments: land subject to mortgage (1) This section applies if
(2) The advance payment made to the claimant must be reduced by the amount the acquiring authority think will be required by them to secure the release of the interest of the mortgagee (or all the mortgagees if there is more than one). (3) The acquiring authority must pay to the mortgagee the amount the acquiring authority think will be required by them to secure the release of the mortgagee's interest, if
(4) If there is more than one mortgagee
(5) The amount of the advance payment made to the claimant under section 52 and the amount of the payments made to mortgagees under this section must not in aggregate exceed 90 per cent of the relevant amount. (6) Subsection (7) applies if
(7) The provisions of subsections (2) to (5) must be re-applied on the basis of the revised estimate. 52ZB Advance payments: land subject to mortgage exceeding 90% threshold (1) This section applies if
(2) No advance payment is to be made to the claimant. (3) But the acquiring authority must pay to the mortgagee the amount found under subsection (4), if
(4) The amount is whichever is the lesser of
(5) The value of the land is the value
(6) For the purposes of subsection (5) the value of the land is to be calculated in accordance with rule 2 of section 5 of the Land Compensation Act 1961 (market value), whether or not compensation is or is likely to be assessed in due course in accordance with rule 5 of that section (equivalent re-instatement). (7) If there is more than one mortgagee, payment must not be made to a mortgagee until the interest of each mortgagee whose interest has priority to his interest is released. (8) But the total payments under subsection (3) must not in any event exceed 90% of the value of the land. (9) Subsection (10) applies if
(10) The provisions of section 52ZA(2) to (5) must be applied on the basis of the revised estimate. (11) If
any balance found to be due to a mortgagee on the basis of the revised estimate is payable in accordance with this section. 52ZC Land subject to mortgage: supplementary (1) This section applies for the purposes of sections 52ZA and 52ZB. (2) The claimant must provide the acquiring authority with such information as they may require to enable them to give effect to those sections. (3) A request under section 52ZA(3) or 52ZB(3) must be made in writing and must be accompanied by the written consent of the mortgagee. (4) Subsections (4) and (8) to (9) of section 52 apply to a payment which may be or is made under section 52ZA or 52ZB as they apply to a payment which may be or is made under section 52. (5) The relevant amount is the amount of the compensation agreed or estimated as mentioned in section 52(3). (6) If the land is subject to more than one mortgage, the reference in sections 52ZA(1)(c) and 52ZB(1)(c) to the principal is to the aggregate of the principals of all of the mortgagees. (7) A payment made to a mortgagee under section 52ZA or 52ZB
(8) If the amount, or aggregate amount, of any payments under
on the basis of the acquiring authority's estimate of the compensation exceed the compensation as finally determined or agreed, the excess must be repaid by the claimant. (9) No payment must be made to a mortgagee
(10) The circumstances are
(11) The claimant in relation to settled land for the purposes of the Settled Land Act 1925 is the persons entitled to give a discharge for capital money." (4) In section 52A (right to interest where advance payment made) for subsection (2) there is substituted "(2) If the authority make a payment under section 52(1) to any person on account of the compensation
(2A) The paid amount is
Tree preservation orders: Forestry Commissioners
Mr Secretary Prescott NC5 To move the following Clause:'For section 200 of the principal Act (Orders affecting land where Forestry Commissioners interested) there is substituted the following section "200 Tree preservation orders: Forestry Commissioners (1) A tree preservation order does not have effect in respect of anything done
(2) A reference to a provision of the Forestry Act 1967 or the Forestry Act 1979 includes a reference to a corresponding provision replaced by that provision or any earlier corresponding provision.".'.
|