1.—(1) The title of these Regulations is the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2017 and they come into force on 4 December 2017.
(2) These Regulations apply in relation to Wales.
(3) In these Regulations “the Act” (“y Ddeddf”) means the Land Compensation Act 1973.
2. When the date of displacement is on or after 4 December 2017—
(a)the prescribed maximum amount of home loss payment for the purposes of section 30(1) of the Act is £57,500;
(b)the prescribed minimum amount of home loss payment for the purposes of section 30(1) of the Act is £5,750; and
(c)the prescribed amount of home loss payment for the purposes of section 30(2) of the Act is £5,750.
3.—(1) Subject to paragraph (2), the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2016(1) are revoked.
(2) The Regulations referred to in paragraph (1) will continue to have effect in relation to a displacement occurring before 4 December 2017.
Carl Sargeant
Cabinet Secretary for Communities and Children, one of the Welsh Ministers
16 October 2017