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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 November 2001 - onwards
Version 2 of 2

16. Satisfaction of claims and counterclaims.

(1)

(a) The Agency may, out of advances made by the Minister under subsection (7), pay -

(i) the amount of any costs, charges and expenses incurred from time to time by the Agency in respect of the services of professional and other expert advisers in relation to a delegated claim and, if appropriate, a counterclaim,

(ii) the amount of any award or settlement to be paid to a claimant in respect of a delegated claim,

(iii) the amount of any costs, charges and expenses of a claimant in relation to a delegated claim as agreed by the parties, or in default of agreement, as taxed or ascertained in accordance with rules of court, and

(iv) the amount of interest (if any) payable on any of the amounts referred to in subparagraphs (i), (ii) and (iii).

(b) A payment under paragraph (a) may be in respect of any amount referred to in subparagraph (i), (ii), (iii) or (iv) of that paragraph or part thereof.