SL(5)141 - The Home Loss Payments (Prescribed Amounts) (Wales) Regulations 2017
Background and Purpose
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 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.
Procedure
Negative.
Technical Scrutiny
No points are identified for reporting under Standing Order 21.2 in respect of this instrument.
Merits Scrutiny
Two points are identified for reporting under Standing Order 21.3 in respect of this instrument. The first being that the increased thresholds and flat rate will be lower than the equivalent thresholds and flat rate applicable in England (Standing Order 21.3(i)). The second point, as stated in the Explanatory Memorandum, is that no formal consultation has been undertaken and no Regulatory Impact Assessment has been carried out by the Welsh Government because the increase is governed by a predetermined formula (Standing Order 21.3(ii)).
Implications arising from exiting the European Union
No implications arising from exiting the European Union have been identified for reporting under Standing Order 21.3 in respect of this instrument.
Government Response
No government response is required.
Legal Advisers
Constitutional and Legislative Affairs Committee
26 October 2017