524. Amount of compensation for old improvements.

524.     Amount of compensation for old improvements.

The measure of statutory compensation for old improvements1 is an amount equal to the increase attributable to the improvement in the value of the agricultural holding2 having regard to the holding's character and situation and the average requirements of tenants reasonably skilled in husbandry3.

In ascertaining the amount of statutory compensation to be paid to a tenant4 in respect of old improvements, any benefit which the landlord5 has given or allowed to the tenant in consideration of the tenant's executing the improvement, whether expressly stated