Statutory Instruments
2014 No. 1966
Acquisition Of Land, England
Compensation
The Home Loss Payments (Prescribed Amounts) (England) Regulations 2014
Made
23rd July 2014
Laid before Parliament
28th July 2014
Coming into force
1st October 2014
The Secretary of State, in exercise of the powers conferred by section 30(5) of the Land Compensation Act 1973( 1 ), makes the following Regulations:
Citation, commencement and application
1. —(1) These Regulations may be cited as the Home Loss Payments (Prescribed Amounts) (England) Regulations 2014 and shall come into force on 1st October 2014.
(2) These Regulations shall apply in relation to cases of displacement in England only.
Revision of prescribed amounts for home loss payment
2. —(1) This regulation applies where the date of displacement is on or after 1st October 2014.
(2) For the purposes of section 30(1) of the Land Compensation Act 1973—
(a) the prescribed maximum amount of home loss payment( 2 ) shall be £49,000; and
(b) the prescribed minimum amount of home loss payment shall be £4,900.
(3) For the purposes of section 30(2) of the Land Compensation Act 1973, the prescribed amount of home loss payment shall be £4,900.
Revocation and savings
3. —(1) Subject to paragraph (2), the Home Loss Payments (Prescribed Amounts) (England) Regulations 2008( 3 ) are revoked.
(2) The Regulations mentioned in paragraph (1) shall continue to have effect in relation to a displacement occurring before 1st October 2014.
Signed by authority of the Secretary of State for Communities and Local Government
Penny Mordaunt
Parliamentary Under Secretary of State
Department for Communities and Local Government
23rd July 2014
1973 c.26 . Section 30 was substituted by section 68(3) of the Planning and Compensation Act 1991 (c.34) .
For the definition of “home loss payment”, see section 29(1) of the Land Compensation Act 1973.