Revision of prescribed amounts for home loss payment2

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.