§ (1) Where by or under any Statute (whether passed before or after the passing of this Act) land is authorised to be acquired compulsorily by any Government Department or any local or public authority, any question of disputed compensation and where any part of the land to be acquired is subject to a lease which comprises land not acquired, any question as to the apportionment of the rent payable under the lease, shall be referred to and determined by the arbitration of such one of a panel of official valuers to be appointed under this Section as may be selected in accordance with rules made by the Reference Committee under this Section.
§ (3) A person appointed to be a member of the panel of official valuers shall hold office for such term certain as may be determined by the Treasury before his appointment, and whilst holding office shall not himself engage, or be a partner of any other person who engages, in private practice or business as estate or land agent surveyor or valuer.
§ Lords Amendments:
§ In Sub-sections (1), (2), and (3), leave out the word "valuers," and insert instead thereof the word "arbitrators." —Agreed to.
§ In Sub-section (3); leave out the words "as estate or land agent, surveyor or valuer."—Agreed to.