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Revision of prescribed amounts for home loss payment

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.