OpenLegislation

Paragraph 6 Compensation for qualifying income losses

Original text. Later amendments are not shown.

The amount payable to an entitled applicant in respect of any qualifying income losses sustained by him shall be the amount produced by the formula

P×4

, where—

  • P equals the average net trading profits of his qualifying business, calculated in accordance with paragraph 7 below and subject to any adjustment made in accordance with paragraph 8 to 10 below.