For the year1 beginning with the operative date2 of the compulsory rights order3, and for each subsequent year which begins with an anniversary of that date and falls within the period of occupation4, the following must be assessed:
(1) the profit or loss which a person carrying on the relevant undertaking5 might reasonably have been expected to make for that year by the exercise of the relevant rights and facilities6 if the order had not been made7; and
(2) the profit or loss which such a person might reasonably have
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234