Regulation 2 Revision of prescribed amounts for home loss payment

(1)

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 £34,000; and

(b)

the prescribed minimum amount of home loss payment shall be £3,400.

(2)

For the purposes of section 30(2) of the Land Compensation Act 1973 the prescribed amount of home loss payment shall be £3,400.

Annotations

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