538. Long term improvements begun on or after 1 March 1948.

D. Measure of Compensation

538.     Long term improvements begun on or after 1 March 1948.

The amount of compensation payable for long term improvements1 is an amount equal to the increase attributable to the improvement in the value of the agricultural holding2 as a holding, having regard to the character and situation of the holding and the average requirements of tenants3 reasonably skilled in husbandry4.