Rank Leisure and others v Castle Vale Housing Action Trust: LT 13 Aug 2001

COMPENSATION – compulsory acquisition of leasehold shop units in run-down shopping centre – redevelopment – scheme – no scheme world – whether demand from purchaser – developer in no scheme world creating ransom or development value – whether such value existed independently of the scheme – claimants’ case rejected – compensation awarded on authority’s figures – Land Compensation Act 1961, ss 6(1) and First Schedule; Compulsory Purchase Act 1965, s20; Land Compensation Act 1973, s47(1).

Citations:

[2001] EWLands ACQ – 168 – 1999

Links:

Bailii

Land

Updated: 21 August 2022; Ref: scu.225668