Princess Ayako, the youngest daughter of Emperor Akihito's late cousin, will receive 106,750,000 yen ($951,000) from the state after her expected marriage with commoner Kei Moriya later this month, a government council decided Thursday.

Based on the law on imperial household finance, the lump sum payment will be provided to maintain her dignity even after she loses her royal status following her nuptial on Oct. 29. The amount equaled the upper limit stipulated in the law.

Princess Ayako
(Princess Ayako, right, and Kei Moriya)
[Courtesy of Imperial Household Agency]

The payment was unanimously approved at a closed-door meeting of the Imperial House Economy Council, which consists of eight members including Prime Minister Shinzo Abe, the presidents of the two chambers of the Diet and the head of the Imperial Household Agency.

The amount is set depending on the status of an imperial family member and the money is exempted from income tax.

Noriko Senge, an older sister of Princess Ayako, received the same amount when she tied the knot with Kunimaro Senge, a senior priest of Izumo Taisha, a Shinto shrine in Shimane Prefecture, in 2014.

Sayako Kuroda, the daughter of Emperor Akihito and Empress Michiko, was given around 150 million yen when she married Tokyo metropolitan government employee Yoshiki Kuroda in 2005.

Princess Ayako, 28, the third daughter of late Prince Takamado and Princess Hisako, is set to marry Moriya, a 32-year-old employee at shipping firm Nippon Yusen K.K.