512. Effect of agreements as to compensation.

512.     Effect of agreements as to compensation.

Where the Agricultural Holdings Act 1986 provides for compensation1, a landlord2 or tenant3 is entitled to compensation in accordance with the statutory provisions and not otherwise4, save as expressly provided by the Act, and is so entitled notwithstanding any agreement to the contrary5.

Where the landlord and tenant enter into an agreement in writing for any such variation of the terms of the contract of tenancy6 as could be made by the direction or order of an arbitrator or determination by a third party7 in connection with the amount of land