8. The principle and method to determine Compensation

8. The principle and method to determine Compensation:

(1) The compensation as referred to in Section 7 shall be determined as per the following method-
(a) In case the amount of compensation is fixed in an agreement, if any, such agreement prevails.
(b) In the absence of agreement, the Government of Nepal shall appoint any judge either sitting or retired as an arbitrator and the compensation shall be given as per the award of the arbitrator.
(2) The compensation for requisitioned property shall be given as per the following;
(a) In case a requisitioned property was given as lease  hold, the compensation shall be given for the period of requisition as per the rent or amount which was to be
paid for lease, and
(b) During the period of requisition in case any reasonable loss incurred from the general possession or from any force majeure and from any modification made
pursuant to 5 second paragraph of Section 5 shall not be taken into consideration for providing compensation ;and
(c) Cost to be needed for creating the situation in which the property was remained in the time of requisition.