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

Type Welsh-Statutory-Instrument
Publication 2025-01-30
State In force
Jurisdiction Wales
Department King's Printer of Acts of Parliament
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Made: 30 January 2025

Laid before Senedd Cymru: 3 February 2025

Coming into force: 5 March 2025

The Welsh Ministers make the following Regulations in exercise of the power conferred upon them by section 30(5) of the Land Compensation Act 1973[^f00001].

Title, coming into force, application and interpretation

1

Revision of prescribed amounts for home loss payment

2

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

Revocation and savings

3

Signed

Jayne Bryant — Cabinet Secretary for Housing and Local Government, one of the Welsh Ministers — 30 January 2025

Explanatory note

(This note is not part of the Regulations)

EXPLANATORY NOTE

These Regulations, which apply in relation to Wales, increase the maximum and minimum amounts of home loss payments payable under the Land Compensation Act 1973 (“the Act”) to those occupying, or treated as occupying, a dwelling who have an owner’s interest. These Regulations also increase the amount of home loss payment payable under the Act 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.

Section 30(1) of the Act provides that in cases where a person occupying, or treated as 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) of the Act specifies 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 £62,000 to £82,000 and regulation 2(b) increases the minimum amount from £6,200 to £8,000.

Regulation 2(c) increases the home loss payment in any other case, under section 30(2) of the Act, from £6,200 to £8,000.

Regulation 3 revokes, with savings, the Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2020.

The Welsh Ministers’ Code of Practice on the carrying out of Regulatory Impact Assessments was considered in relation to these Regulations. As a result, it was not considered necessary to carry out a regulatory impact assessment as to the likely costs and benefits of complying with these Regulations.

Footnotes

[^f00001]: 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 (seeS.I. 1991/2067, article 3). 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 section 30 were transferred to the Welsh Ministers by virtue of section 162(1) of, and paragraph 30 of Schedule 11 to, the Government of Wales Act 2006 (c. 32).

[^f00002]: S.I. 2020/340 (W. 77).

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