law: Atomic Energy Act, 1962 
  21. Principles relating to payment of
  
  compensation
  (1) Save as otherwise
  
  provided in this Act, where by reason of exercise of any powers under this Act,
  
  any compensation is payable, the amount of such compensation shall be
  
  determined in the manner and in accordance with the principles hereinafter set
  
  out, that is to say-
  (a) where the amount of compensation is fixed
  
  by agreement, it shall be paid in accordance with such agreement;
  (b) where no such agreement is reached, the
  
  Central Government shall appoint as arbitrator a person having expert knowledge
  
  as to the nature of the right affected who shall determine the amount of
  
  compensation payable.
  (2) In making his
  
  award, the arbitrator appointed under sub-section (1) shall have regard-
  (a) in the case of any
  
  compensation payable under section 9-
  ( i )
  
  to the nature of the work done;
  (ii) the manner, extent end duration of the
  
  exercise of any powers under that section;
  (iii) the diminution in the rent of the land and
  
  of the property situated thereon, which might reasonably be expected over any
  
  period or diminution in the market value of the land and property on the date
  
  when the exercise of powers comes to an end; and
  (iv) the provisions of sub-section (1) of section
  
  23 of the Land Acquisition Act, 1894, in so far as such provisions can be made
  
  applicable to the exercise of powers under section 9; and
  (b) in the case of any compensation payable
  
  under section 11 or under section 12, to the price which the owner might
  
  reasonably have been expected to obtain on a sale of the property effected by
  
  him immediately before the date of the acquisition.
  (3) An appeal shall
  
  lie to the High Court against an award of the arbitrator except in cases where
  
  the amount claimed thereof does not exceed an amount prescribed in this behalf
  
  by the Central Government.
  (4) The Central
  
  Government may make rules prescribing the procedure to be followed in
  
  arbitrations under this Act and the principles to be followed in the
  
  apportionment of the cost of proceedings before the arbitrator and on appeal.
  (5) Save as provided
  
  in this Act, nothing in any law for the time being in force relating to
  
  arbitration shall apply to arbitrations under this Act.