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LEASEHOLD (ENLARGEMENT AND EXTENSION) ACT (NORTHERN IRELAND) 1971 - SECT 25

Provisions as to mortgages.

25.(1) Where any proceedings are being carried on before the Lands Tribunal
arising out of any matter which the Tribunal is required or empowered to
determine under this Act, the Tribunal may cause to be sent to the
Commissioner of Valuation a request for a valuation, estimate or statement in
respect of any matter relevant to the determination of the purchase price of
the fee simple in land under this Act or to the apportionment of a rent under
this Act or to the fixing of the rent payable and any other term or condition
under a lease extended under this Act and any review of such last-mentioned
rent and, where the Tribunal so sends a request to the Commissioner of
Valuation, the Tribunal may adjourn the proceedings.

(2) Upon receipt of a request under this section, the Commissioner of
Valuation shall cause such valuation, estimate or statement as is mentioned in
the request to be prepared and sent to the Tribunal together with a statement
of the fee, calculated in accordance with regulations made by the Ministry of
Finance, payable therefor.

(3) Any party to the proceedings shall be entitled to obtain from the
Commissioner of Valuation a copy of a valuation, estimate or statement
furnished by the Commissioner of Valuation in pursuance of this section,
subject to payment therefor of such fee as the Ministry of Finance may
prescribe.

(4) The fee payable under this section for a valuation, estimate or statement
furnished by the Commissioner of Valuation for the purposes of this section
shall be borne and paid to the Lands Tribunal by such party or parties and in
such proportion as it shall direct.

(5) Where a request is sent under this section in relation to land to the
Commissioner of Valuation, the Lands Tribunal shall, in determining any matter
in relation to which it is relevant, have regard to the valuation, estimate or
statement furnished by the said Commissioner.

© 1971 Crown Copyright

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