Paragraph 2 Compensation for income losses and non-income losses

The compensation payable to an entitled applicant shall be the amount produced by the formula Q − G, where—

• Q equals the sum of the following amounts—

  1. (a)

     the amount (if any) calculated in accordance with Part III of this Schedule, payable in respect of any qualifying income losses sustained by the entitled applicant;

  2. (b)

     the amount (if any) calculated in accordance with Part IV of this Schedule, payable in respect of any qualifying redundancy payments made by the entitled applicant;

  3. (c)

     the amount (if any) calculated in accordance with Part V of this Schedule, payable in respect of any qualifying equipment losses sustained by the entitled applicant,

  4. (d)

     the amount (if any) calculated in accordance with Part VI of this Schedule, payable in respect of any qualifying clearance costs sustained by the entitled applicant; and

  5. (e)

     the amount (if any) calculated in accordance with Part VII of this Schedule, payable in respect of any qualifying contractual liability sustained by the entitled applicant; and

  6. (f)

     the amount (if any) calculated in accordance with Part VIII of this Schedule, payable in respect of any professional fees incurred by the entitled applicant; and

• G equals the amount (if any) calculated in accordance with Part IX of this Schedule, to be deducted from any compensation payable to the entitled applicant in respect of any relevant planning gain made by the entitled applicant or by any associate of the entitled applicant.