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Sheep Stocks Valuation (Scotland) Act 1937(repealed 25.9.1991)

Sheep Stocks Valuation (Scotland) Act 1937(repealed 25.9.1991) s 1

s 1 Awards as to value of sheep stock to give particulars.

(1) Where in pursuance of any lease of an agricultural holding whether entered into before or after the passing of this Act the tenant is required at the termination of the tenancy to leave the stock of sheep on the holding to be taken over by the landlord or the incoming tenant at a price or valuation to be fixed by arbitration, the arbiter shall in his award, show the basis of valuation of each class of stock and state separately any amounts included in respect of acclimatisation or hefting or of any other consideration or factor for which he has made special allowance. (2) Where an arbiter fails to comply with any requirements of the foregoing subsection, his award may be set aside by the sheriff.

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