This Act amends the Expropriation Act of 1975 in order to replace certain official designations; to delete certain obsolete expressions and references; to make new provision regarding the rate at which interest is payable on outstanding amounts of compensation; to delete the rules according to which the value of goodwill is calculated in the determination of amounts of compensation; and to make new provision regarding the requirements for the appointment of a president of a compensation court from the ranks of magistrates and former magistrates; and to provide for incidental matters.