Section 62: Grant of compensation

62. Grant of compensation Subject to this Act, any person— (a) whose property is injuriously affected by the coming into operation of a planning instrument; or (b) who, for the purpose of complying with any provision contained in any planning instrument, has incurred expenditure which is rendered abortive by a subsequent revocation or modification of the planning instrument, shall, where he makes a claim within 3 months of the coming into operation of the planning instrument, be entitled to recover as compensation from the planning authority the amount by which his property is decreased in value, or, so far as it was reasonably incurred, the amount of the abortive expenditure, as the case may be.