In the case of basic compensation1 the amount payable is:
(1) an amount equal to one year's rent for the holding at the rate at which rent was payable immediately before the termination of the tenancy2; or
(2) an amount equal to either the amount of the tenant's3 actual loss or two years' rent for the holding, whichever is the smaller4.
The 'amount of the tenant's actual loss' means the amount of the loss or expense directly attributable5 to the quitting of the holding which is unavoidably incurred by the tenant upon or in connection with the sale or removal
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