Where the special compensation provisions apply1, the compensation to be paid to a statutory undertaker2 must be assessed, in default of agreement, by the Upper Tribunal3. The amount of the compensation must be calculated in accordance with provisions of the Town and Country Planning Act 1990, 4with certain minor modifications5.
Those provisions, as modified, provide that the compensation payable is to include: the amount of any expenditure reasonably incurred for the purpose of any adjustment of the carrying on of the undertaking necessitated by the acquisition; the estimated amount of any decrease in net receipts by the undertaking in consequence
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