(1) Where a compensator has made a payment to the Minister in accordance with section 343R and any part of that payment includes specified benefits referred to in subsection (2), the Minister shall refund to the compensator the amount of that payment which represents those benefits.
(2) The specified benefits referred to in subsection (1) are those benefits, within the meaning of paragraph (a)(ii) or (b)(ii) of the definition of recoverable benefits, not paid by the Minister to the injured person at the end of the specified period.