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Paragraph 2 Non-income losses

England and Wales

Subject to paragraph 3 below, the non-income losses for which compensation shall be payable in accordance with the remaining provisions of this Order shall be the following—

(a)

the residual breeding value of any breeding females;

(b)

any statutory redundancy payments paid to employees formerly engaged solely or primarily in a qualifying business;

(c)

any loss sustained on the sale or disposal of equipment used solely or primarily in a qualifying business where the proceeds of the sale or disposal are less than the discounted replacement cost of the equipment;

(d)

the cost of removing and disposing of asbestos from any specialised building; and

(e)

any contractual liability to a third party sustained as a result of having ceased to carry on a qualifying business.