594. Entitlement to payment by acquiring authority of occupier's loss payment.

(3)     Compensation Generally

594.     Entitlement to payment by acquiring authority of occupier's loss payment.

A person who has a qualifying interest in agricultural land1 which is acquired compulsorily2 is entitled, provided he has occupied the land for the specified period3, to a payment of a specified amount4 which in respect of an interest in land may not exceed £25,0005. Such payment must be made by the acquiring authority6. A payment of an equal amount may be made in respect of the acquisition of such an interest by an acquiring authority by agreement7. No payment will,