Regulation 2 Revision of prescribed amounts for home loss payment

(1)

This regulation applies where the date of displacement is on or after 1st September 2007.

(2)

For the purposes of section 30(1) of the Land Compensation Act 1973—

(a)

the prescribed maximum amount of home loss payment^f1 shall be £44,000; and

(b)

the prescribed minimum amount of home loss payment shall be £4,400.

(3)

For the purposes of section 30(2) of the Land Compensation Act 1973 the prescribed amount of home loss payment shall be £4,400.

Annotations

f1: For the definition of “home loss payment”, see section 29(1) of the Land Compensation Act 1973.