- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
(This note is not part of the Order)
This Order, which applies to England and Wales, increases the amounts payable for home loss payments under the Land Compensation Act 1973. A person is entitled to a home loss payment when he is displaced from a dwelling by compulsory purchase or in other circumstances specified in section 29 of the 1973 Act and the payment is made by the acquiring authority or as otherwise specified in that section. Section 30 of the 1973 Act provides for the amount of a home loss payment to be calculated by a specified multiplier of the rateable value of the dwelling, subject to specified maximum and minimum amounts.
The Order increases the multiplier of the rateable value from 3 to 10 and the minimum amount payable from £150 to £1200, for all cases where the date of displacement is on or after the commencement date of the Order.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: