The value of the payment is not immediately relevant, however the greater the value, the higher are chances that it will be a red flag for law enforcement.

The beneficiary receives the payment on the same or next day, provided that the value of the payment does not exceed the limit set by the bank sending the payment.

With the withdrawal of ARPs some people will doubtless be forced back into residential care as the value of the fixed transitional payment is eroded by rising costs and inflation or as their condition leads to further special requirements.

Half the value of the payment we nego-tiated.

The next MOU between the counties and ECB, confirming the value of the annual payment, will be negotiated next year and cover the period between 2014-2017.

Individuals who will be receiving a payment will get a letter and statement explaining the value of the payment and the approximate date when it will be sent.

Also, the delay of the payment (sometimes as much as five years) reduces the value of the contingent payment due to the effect of time on money.

If the total value of the deceased's estate, at the date of death, is below the nil rate band for Inheritance tax there will be an amount remaining which can be set against the total value of the unauthorised payment.

The amount of any nil rate band that the deceased was entitled to transfer from the estate of a spouse or civil partner who died before then can also be set against the value of the unauthorised payment (Finance Act 2008).

The purchaser can apply to defer payment of SDLT on the contingent amount, however, the tax is still charged at the appropriate rate for the total value of the payment.