Diminution in value of Perthshire agricultural and forestry estate consequent on notification of SSSIs — Reference under s50(3) of Wildlife and Countryside Act 1981 — First such reference — Offer of compensation in draft management agreement — Basis of valuation — Difference between restricted and unrestricted values — Parties’ rival schemes — Consideration of various practical valuation matters, including basis of capital value, treatment of risk, value of forestry land and agricultural improvements costs
Cameron v Nature Conservancy Council
Diminution in value of Perthshire agricultural and forestry estate consequent on notification of SSSIs — Reference under s50(3) of Wildlife and Countryside Act 1981 — First such reference — Offer of compensation in draft management agreement — Basis of valuation — Difference between restricted and unrestricted values — Parties’ rival schemes — Consideration of various practical valuation matters, including basis of capital value, treatment of risk, value of forestry land and agricultural improvements costs