5. House owners/renters Costs of relocation to relocation allowance This is a very other accommodation standard element of equivalent to AF5,000 for compensation in all 3 months and assistance systems in identifying alternative accommodation 6. Loss of livelihoods Replacement costs for 1. losses will be The aim is to by agriculturalists all losses compensated at provide a reasonable replacement value in cash measure of based on current market compensation for loss of rates plus an additional . livelihoods but on the Indemnity for 3 months as assumption that APs will transitional livelihood make a go of things on allowance. their new land. It provides temporary 2. When >10% of an AP‘s relief but not an agricultural land is amount which invites affected, APs will get an future indolence additional allowance for severe impacts to the market value of a year‘s 7.Residential/commercial Replacement costs for Replacement value in See The land impacts all losses cash at same reasoning applies net income crop yield of current market rates free the land. of deductions for 8.Those who lose or have Replacement costs These impacts will See above. transaction costs buildings damaged be compensated in cash at replacement cost free of depreciation, salvaged materials, and transaction costs deductions. Renters/leaseholders will receive an allowance geared to the rent they are paying for 3 months to cover emergency rent costs. 9. Those who lose income Replacement of lost These impacts will See above from crop losses income be compensated through
5. House owners/renters Costs of relocation to other accommodation relocation allowance equivalent to AF5,000 for 3 months and assistance in identifying alternative accommodation This is a very standard element of compensation in all systems 6. Loss of livelihoods by agriculturalists Replacement costs for all losses 1. losses will be compensated at replacement value in cash based on current market rates plus an additional . Indemnity for 3 months as transitional livelihood allowance. 2. When >10% of an AP‘s agricultural land is affected, APs will get an additional allowance for severe impacts to the market value of a year‘s net income crop yield of the land. The aim is to provide a reasonable measure of compensation for loss of livelihoods but on the assumption that APs will make a go of things on their new land. It provides temporary relief but not an amount which invites future indolence 7.Residential/commercial land impacts Replacement costs for all losses Replacement value in cash at current market rates free of deductions for transaction costs See The same reasoning applies 8.Those who lose or have buildings damaged Replacement costs These impacts will be compensated in cash at replacement cost free of depreciation, salvaged materials, and transaction costs deductions. Renters/leaseholders will receive an allowance geared to the rent they are paying for 3 months to cover emergency rent costs. See above. 9. Those who lose income from crop losses Replacement of lost income These impacts will be compensated through See above
E42310V30P13180Box379885B00PUBLIC0.docx