Town and Regional Planning Act, 1934

PART VIII.

Compensation and Payment for Betterment in Respect of Planning Schemes.

Compensation for restriction, etc., on user of property.

61.—(1) Whenever a provision in a planning scheme restricts or controls the purposes for which any particular property may be used or curtails or limits the legal rights and powers exercisable or enjoyed in respect of any particular property by the owner or the occupier thereof and the value of such property is reduced by such restriction, control, curtailment, or limitation, every person having any estate or interest in or right over or in respect of such property shall, save as is otherwise provided by this Act, be entitled, on making an application under this section, to be paid by the responsible authority by way of compensation the amount (if any) by which his estate or interest in or right over or in respect of such property is so reduced in value and, in the case of the occupier of such property, the damage (if any) to his trade, business or profession, occasioned by such restriction, control, curtailment, or limitation.

(2) Every application for the payment of compensation under this section shall be made to the responsible authority within twelve months (or such longer time as shall be specified in the planning scheme) after the coming into operation of the provision on account of which such compensation is claimed.