Subject to the provisions of this section, upon the completion of a compulsory acquisition of land under section 226, 228 or 230—
Subsection (1) shall not apply—
In respect of any right or apparatus not falling within subsection (2), subsection (1) shall have effect subject—
Any person who suffers loss by the extinguishment of a right or the vesting of any apparatus under this section shall be entitled to compensation from the acquiring authority.
Any compensation payable under this section shall be determined in accordance with the Land Compensation Act 1961.