The 1919 Act provides for a procedure for compensation procedure whereas the 1845 Act deals with the substantive criteria for compensation.\u00a0 In the absence of incorporating the 1845 Act, the criteria for and a basis for assessment of compensation is interpreted in accordance with the relevant legislation and in accordance with first principles.<\/p>\n
The fundamental principle of compensation is that the party who has been injured or damaged, should be put into the same position, in so far as money can do so, which would have applied, had the acquisition not taken place. \u00a0\u00a0He must take all reasonable steps to minimise his loss.<\/p>\n
The service of a notice to treat usually fixes the interest which is to be acquired, and the valuation date. It triggers obligations on the owner to submit his claim.\u00a0 The authority may be entitled withdraw the notice within in a certain period. The valuation date is the reference date on which compensation is to be determined, The valuation date may be earlier, if possession is taken in advance of the service of the notice to treat<\/p>\n
Most legislation gives the owner an entitlement to interest from the date on which possession is taken.\u00a0 Some legislation does not refer to interest at all.<\/p>\n
Under the 1919 Act, either party may refer a dispute to \u00a0the reference committee in relation to the \u00a0nomination of a property arbitrator, after the expiration of 14 days from the notice to treat. Anomalies \u00a0may arise where relevant act incorporates the 1919 Act but does not incorporate the notice to treat procedure.<\/p>\n\n
\n <\/div>\n\n","protected":false},"excerpt":{"rendered":"
Standard (Housing Act) Procedure There are differing substantive and procedural rules which may apply to compulsory acquisition and the assessment of compensation by various bodies under different legislation. The most commonly used compulsory purchase procedure is that provided by the Housing Act (which incorporates certain parts of the Land Clauses Consolidation Act). The procedure is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[306],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/4370"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=4370"}],"version-history":[{"count":0,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/4370\/revisions"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=4370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=4370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=4370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}