Subject to section 50, for the purpose of assessing compensation in respect of any compulsory acquisition of land including a building which immediately before the date of the compulsory purchase order was listed, it shall be assumed that listed building consent would be granted for any works—
for the alteration or extension of the building; or
for the demolition of the building for the purpose of development of any class specified in Schedule 3 to the principal Act (development not constituting new development),
. . . .
In subsection (1)—
the reference to a building which was listed includes a building in Wales which was included in the list maintained under section 76 of the Historic Environment (Wales) Act 2023;
in relation to such a building—
the reference to section 50 of this Act is to be read as a reference to section 140 of that Act;
the reference to listed building consent is a reference to consent under section 89 of that Act.