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Statutory Instruments made by the National Assembly for Wales |
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You are here: BAILII >> Databases >> Statutory Instruments made by the National Assembly for Wales >> The Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2008 No. 2845 (W. 255) URL: http://www.bailii.org/wales/legis/num_reg/2008/wsi_20082845_en_1.html |
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Made
2 November 2008
Laid before the National Assembly for Wales
4 November 2008
Coming into force
25 November 2008
1.–(1) The title of these Regulations is the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2008 and they come into force on 25 November 2008.
(2) These Regulations apply in relation to Wales.
2. When the date of displacement is on or after the day on which these Regulations come into force –
(a) the prescribed maximum amount of home loss payment for the purposes of section 30(1) of the Act is £47,000;
(b) the prescribed minimum amount of home loss payment for the purposes of section 30(1) of the Act is £4,700; and
(c) the prescribed amount of home loss payment for the purposes of section 30(2) of the Act is £4,700.
3.–(1) Subject to paragraph (2), the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2007(3) are revoked.
(2) The Regulations mentioned in paragraph (1) will continue to have effect in relation to a displacement occurring before the date on which these Regulations come into force.
Jane Davidson
Minister for the Environment, Sustainability and Housing, one of the Welsh Ministers
2 November 2008
(This note is not part of the Regulations)
These Regulations, which apply to Wales, increase the maximum and minimum amounts of home loss payments payable under the Land Compensation Act 1973 ("the Act") to those with an owner´s interest in a dwelling. They also increase the amount of home loss payment payable in any other case.
A person who is displaced from a dwelling by compulsory purchase or in other circumstances specified in section 29 of the Act is entitled to a home loss payment. The present basis for assessing the amount of home loss payment was established by amendments to the Act in the Planning and Compensation Act 1991.
Section 30(1) of the Act provides that in cases where a person occupying a dwelling on the date of displacement has an owner´s interest, the amount of home loss payment is calculated as a percentage of the market value of that interest, subject to a maximum and minimum amount.
Section 30(2) prescribes the amount of the home loss payment in any other case.
Regulation 2(a) of these Regulations increases the maximum amount payable under section 30(1) of the Act from £44,000 to £47,000 and regulation 2(b) increases the minimum amount from £4,400 to £4,700. Regulation 2(c) increases the home loss payment payable, under section 30(2) of the Act, in any other case from £4,400 to £4,700.
Only the maximum and minimum amounts of home loss payments are changed and there is no change to the percentage payable of the market value of the displaced person´s interest in the dwelling.
The revised amounts apply where the displacement occurs on or after 25 November 2008.
These Regulations provide that the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2007 will continue to have effect in relation to a displacement occurring before the date on which these Regulations come into force but are otherwise revoked.
1973 c. 26; section 30 was substituted by section 68(3) of the Planning and Compensation Act 1991 (c. 34) with effect from 25 September, 1991 (see S.I. 1991/ 2067, article 3). Back [1]
The functions of the Secretary of State under section 30 were, so far as exercisable in relation to Wales, transferred to the National Assembly for Wales by the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672), article 2; and Schedule 1. The functions of the National Assembly for Wales under the said section were transferred to the Welsh Ministers by virtue of paragraph 30 of Schedule 11 to the Government of Wales Act 2006 (c. 32). Back [2]
S.I. 2007/2372 (W.195). Back [3]