[32J Assessment of value of land etc]

[Valuer's assessment]

[32J  Assessment of value of land etc]

[(1)     The valuer is to assess—

(a)     the value of the land to which the holding relates—

(i)     if sold with vacant possession,

(ii)     if sold with the tenant still in occupation, and

(b)     the amount of compensation—

(i)     to which the tenant would be entitled, by virtue of Part 4, sections 40 and 41 or any agreement applying in place of that Part or those sections, in relation to any improvements to the holding,

(ii)     to which the tenant would be entitled under section 44, and

(iii)     to which the landlord would be entitled under sections 45 and 45A.

(2)     In assessing the value of the land under subsection (1)(a)(i) or (ii), the valuer—

(a)     is to have regard to the value that would be likely to be agreed between

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