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Version date: 26 November 2018 - onwards
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35. Further provisions relating to payment of compensation.

(1) Subject to subsections (2) and (3), the Company or the operator of a compensation scheme approved under section 25 shall make payments under section 34 in respect of compensatable losses of which it has been informed by the administrator under section 33 (3) as soon as practicable and at the latest within three months of the date on which the administrator advises the Company or operator of the amount of an eligible investor's compensatable loss.

(2)

(a) Subject to the approval of the supervisory authority and to such conditions or requirements as may be specified by the supervisory authority, the Company or the operator of a compensation scheme approved under section 25 may, in exceptional circumstances, postpone the making of a payment under section 34.

(b) The supervisory authority, when giving approval or prescribing conditions or requirements for the purposes of paragraph (a), shall have regard to the requirements of Article 9 of the Investor Compensation Directive.

(3) Notwit

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