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Electricity – Wayleave. The respondent had entered into a contract to sell land for development which was conditional on the removal of an overhead power line. The appellant electricity company obtained a statutory wayleave in respect of the power line and the conditional contract fell away. The Upper Tribunal (Lands Chamber) assessed the compensation payable to the respondent under para 7 of Sch 4 to the Electricity Act 1989 on the basis of the value of the land under the contract minus the nominal value of the land as at the date of the wayleave. The Court of Appeal, Civil Division, held that the tribunal had been correct in the basis upon which it had assessed compensation.
Electricity – Wayleave. The respondent had entered into a contract to sell land for development which was conditional on the removal of an overhead power line. The appellant electricity company obtained a statutory wayleave in respect of the power line and the conditional contract fell away. The Upper Tribunal (Lands Chamber) assessed the compensation payable to the respondent under para 7 of Sch 4 to the Electricity Act 1989 on the basis of the value of the land under the contract minus the nominal value of the land as at the date of the wayleave. The Court of Appeal, Civil Division, held that the tribunal had been correct in the basis upon which it had assessed compensation.
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