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Regulation 2 Revision of prescribed amounts for home loss paymentI1

England and Wales Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This regulation applies where the date of displacement is on or after 1st September 2008.

(2)

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

(a)

the prescribed maximum amount of home loss paymentf1 shall be £47,000; and

(b)

the prescribed minimum amount of home loss payment shall be £4,700.

(3)

For the purposes of section 30(2) of the Land Compensation Act 1973, the prescribed amount of home loss payment shall be £4,700.

Annotations

Commencement

I1

Reg. 2 in force at 1.9.2008, see reg. 1(1)

Footnotes

f1

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