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Paragraph 8 Payment of supplementary financial assistance

Original text. Later amendments are not shown.

(1)

The Department may make a supplementary financial assistance payment to any person that received a 2020 Scheme financial assistance payment where the amount of that payment was restricted to £100,000 by paragraph 6(4) of the 2020 Scheme.

(2)

That supplementary financial assistance payment shall constitute a single payment, by way of a grant, in accordance with sub-paragraphs (3) to (7).

(3)

The Department shall notify in writing each person to whom sub-paragraph (1) applies that they are eligible for a supplementary financial assistance payment.

(4)

Where the Department has notified a person in accordance with sub-paragraph (3) and that person has requested that such a payment be made to them, the Department shall make, as soon as reasonably practicable, a supplementary financial assistance payment to that person and notify them in writing of the amount of that payment.

(5)

The amount of the supplementary financial assistance payment to be paid to a person to whom sub-paragraph (4) applies, shall be the amount in excess of £100,000 that would otherwise have been paid had their 2020 Scheme financial assistance payment not been restricted by paragraph 6(4) of the 2020 Scheme.

(6)

The Department shall calculate the amount of the supplementary financial assistance payment based solely on the information provided previously to the Department under the 2020 Scheme.

(7)

Supplementary financial assistance payments shall be on such other terms and conditions as the Department may specify.