The Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2025

• Citation: S.I. 2025/101 (W.)
• Sections: 3

Section 1 Title, coming into force, application and interpretation

(1) The title of these Regulations is the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2025 and they come into force on 5 March 2025.

(2) These Regulations apply in relation to Wales.

(3) In these Regulations—

“ the Act ” ( “y Ddeddf” ) means the Land Compensation Act 1973;

“ home loss payment ” ( “taliad colli cartref” ) has the meaning given by section 29(1) of the Act.

Section 2 Revision of prescribed amounts for home loss payment

When the date of displacement is on or after 5 March 2025—

(a) the prescribed maximum amount of home loss payment for the purposes of section 30(1) of the Act is £82,000,

(b) the prescribed minimum amount of home loss payment for the purposes of section 30(1) of the Act is £8,000, and

(c) the prescribed amount of home loss payment for the purposes of section 30(2) of the Act is £8,000.

Section 3 Revocation and savings

(1) The Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2020 are revoked.

(2) The Regulations referred to in paragraph (1) will continue to have effect in relation to a displacement occurring before 5 March 2025.