# The ACAS Arbitration Scheme (England and Wales) Order 2001, Paragraph 124: The basic amount


Where the effective date of termination is after the sixty-fourth anniversary of the day of the Employee’s birth, the amount arrived at under paragraphs 118, 121 and 123 above shall be reduced by the “appropriate fraction” (see paragraph 125 below).

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Source: https://www.legislation.gov.uk/uksi/2001/1185/schedule/paragraph/124 (the official version)
Page: https://openlegislation.uk/acas-arbitration-scheme-england-and-wales-order-2001/schedule/paragraph-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.