Schedule 2 – Compensation for changing or revoking infrastructure consent orders Paragraph 4 – Notice of compensation for depreciation
394.This paragraph details the process to be followed when compensation for depreciation becomes payable.
395.When compensation for depreciation becomes payable, the Welsh Ministers must serve a “compensation notice” on a council of the county or county borough for the area in which the land or any part of the land to which the notice relates is situated, and (if that council is not the planning authority for the area) on the planning authority for the area.
396.Sub-paragraph (2) sets out what a compensation notice must include, and sub-paragraph (3) states that a compensation notice is a local land charge.