admitted claim

The compensation would be the 'admitted claim' on the £300 million fund (plus one-seventh for accrued interest on the amount of the claim).

But not all admitted claims were to be met, even where loss of development value was caused by refusal of planning permission or by conditions attached to a permission.

The same applied to the acquisition of land by local authorities: since they had to meet the cost of compensation there was a danger that they would attempt to avoid sites having an admitted claim under the 1947 Act.