Section 6: Compensation payable

(1) Notwithstanding anything to the contrary in any other enactment or by any rule of law, compensation payable in respect of any land comprised in the Federal Capital Territory shall be assessed and computed in accordance with the provisions of this Act.
(2) In computing compensation payable under this Act, account shall be taken of any building or crops on the land acquired for the purpose of this Act, so however that any compensation payable shall be as respects-
(a) land affected by this Act, for an amount equal to the total rent paid by the lessee over the period between the date of the execution of the lease and the date of its determination by the Authority together with interest at the bank rate between the last-mentioned date and the date of payment of compensation;
(b) building on such land, for the amount of the actual cost of construction of the building (less any depreciation) together with interest at the bank rate over the period between the date of the acquisition of such building and the date of payment of compensation;
(c) crops on such land, for an amount equal to the fair market value of such crops, and the cost mentioned in the fore going provisions of this subsection shall be such as may be determined by the Authority.
(3) Any person who claims any right or interest in any land comprised in the Federal Capital Territory shall submit, in writing, particulars of his claims to the Executive Secretary on or before the expiration of twelve months from the date of commencement of the order made under section 2 of this Act or such longer period as the President may, either generally or in relation to any particular claim or claims, prescribe by notice published in the Federal Gazette.
(4) No claim for compensation shall be entertained by the Authority unless a written notice of the claim in accordance with subsection (3) of this section is served on the Authority within the period specified in the said subsection.