Loss of Development Claims Urgent

18th March 1955, Page 81

18th March 1955

Page 81

Page 81, 18th March 1955 — Loss of Development Claims Urgent

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CLAIMS which have been established for loss of development value under the Town and Country Planning Act, 1947, may be held by many operators who have paid development charges or have had land acquired compulsorily or by agreement by a public authority possessing compulsory-purchase powers. Under the Town and Country Planning Act, 1954, it was possible to make a claim for loss of development value as a result of refusal of planning consent or restriction on development of premises by erection of buildings of a specific type.

Mr. H. S. Edwards, of Fuller, Horsey, Sons and Cassell, one of the advisers to the long-distance panel of the Road Haulage Association, has drawn attention to this point. He has suggested that operators with claims should lodge them at once, because applications for payment in respect of claims already established for loss of development value must be made by the end of April.

An application form known as Form U.1 and a concise explanatory memorandum (Form U.1/A) may be obtained from any of the offices of the Central Land Board.

Mr. Edwards adds that many operators and ex-operators who have paid development charges on developments authorized may still hold claims which they retained when their businesses were acquired by the British Transport Commission.