Manual on unfit houses and unhealthy areas / Ministry of Health.

Date:
1919
Catalogue details

Licence: Public Domain Mark

Credit: Manual on unfit houses and unhealthy areas / Ministry of Health. Source: Wellcome Collection.

    79/122 (page 53)
    or Lv APPENDIX II. FIRST SCHEDULE TO THE ACT OF 1919. Rules for determining the amount of Reduction of Compensation. _ (a) The value of the whole of the land included in the scheme shall first be ascertained on the basis of its value as a cleared site available for development in accordance with the requirements of the building byelaws* in force in the district. (b) The value of the whole of the said land shall next be ascertained on the basis of its value as a cleared site subject to the requirements of the scheme as to the provision to be made for the re-housing of persons of the working classes or the laying out of open spaces on the land or any part thereof. (c) The difference between the amounts ascertained under paragraph (a) and paragraph (0) shall then be computed. (d) The amount by which the compensation payable for the respective interests in the land to which section nine of this Act applies, as ascertained in accordance with the principle laid down in that section, is to be reduced shall be a fraction thereof equal to the amount arrived at under paragraph (c) when divided by the amount arrived at under paragraph (a). Note. The rules may perhaps most readily be explained by an illustration :-— 1. Assume the value of the whole of the land in the area (both that on which slum property stands and that included “‘ only for the purpose of making the scheme efficient ’’) calculated as in Rule (a), that is, as a cleared site available for development according to the building byelaws. to be £100,000. 2. Assume the value of the whole of the land calculated as in Rule (0), that is, as a cleared site subject to the re-housing or open space requirements specified in the scheme, to be £60,000. 3. The constant factor of reduction applicable to all the “insanitary ’’ land ascertained by the application of rules (c) and (d) will be— 100,000—60,000 ane ie, 100,000 ms ’ that 1s, fae In other words, if the value as a cleared site of a parcel of land in the unhealthy area was, say, £5,000, the amount which would be received as compensation would be £5,000 less 2 of £5,000 = £5,000 less £2,000 = £3,000. . * This term is defined by section 40 of the Act of 1919 so as to include byelaws and local Act provisions as to new streets and buildings.