(1) In the case of an investment firm in respect of which the supervisory authority has made a determination under section 31 or a court has made a ruling, where the investment firm was not a member of a compensation scheme approved of under section 25 at the time of the determination or ruling, the Company shall pay to each eligible investor an amount equal to the compensatable loss of that eligible investor.
(2) In the case of an investment firm in respect of which the supervisory authority has made a determination under section 31 or a court has made a ruling, where the investment firm was a member of a compensation scheme approved of under section 25 at the time of the determination or ruling, the operator of the compensation scheme shall pay to each eligible investor an amount equal to the compensatable loss of that eligible investor.
(3) If the administrator has delivered an interim statement in accordance with section 33(3A), the Company or operator of the compensation scheme co
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