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Acquisition of Land (Interest on Compensation) Rules 1971.

Country/Territory
Bermuda (UK)
Document type
Regulation
Date
1971 (2009)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Expropriation
Geographical area
Americas, Atlantic Ocean Islands, North America, North Atlantic
Abstract

These Regulations prescribe that any compensation agreed or awarded for land of which possession is taken by the Minister under the authority vested in him by section 8(1) of the Acquisition of Land Act 1970 [title 19 item 2], shall carry interest from the date of entry until compensation is paid or paid into court in accordance with that Act at the rate of 7 percent per annum.

Full text
English
Website
www.bermudalaws.bm

References - Legislation

Implements

Acquisition of Land Act.

Legislation | Bermuda (UK) | 1970 (2011)

Keyword: Basic legislation, Expropriation, Legal proceedings/administrative proceedings, Dispute settlement, Transfer, Land valuation

Source: FAO, FAOLEX