Page:Agricultural Holdings Act.djvu/21

Rh He shall be entitled, subject to the provisions of this Act, to obtain on the determination of the tenancy compensation in respect of the improvement.

6.—An improvement shall not in any case be deemed, for the purposes of this Act, to continue exhausted beyond the respective times following after the year of tenancy in which the outlay thereon is made:

Where the improvement is of the first class, the end of twenty years.

7.—The amount of the tenant's compensation in respect of an improvement of the first class shall, subject to the provisions of this Act, be the sum laid out by the tenant on the improvement, with a deduction of a proportionate part thereof for each year while the tenancy endures after the year of tenancy in which the outlay is made, and while the improvement continues unexhausted; but so that where the landlord was not, at the time of the consent given to the execution of the improvement, absolute owner of the holding for his own benefit, the amount of the compensation shall not exceed a capital sum fairly representing the addition which the improvement, as far as it continues unexhausted at the determination of the tenancy, then makes to the letting value of the holding.