OpenLegislation

Paragraph 18 Compensation for qualifying contractual liability

England and Wales

(1)

No payment shall be made to an entitled applicant in accordance with paragraph 17 above—

(a)

subject to sub-paragraph (2) below, in respect of any liability to an associate of the entitled applicant;

(b)

where the liability was incurred under a contract which was entered into after 2nd March 1999;

(c)

to the extent that any judgment or arbitral award made against an entitled applicant would be unenforceable in England;

(d)

to the extent that the liability is recoverable from any other source.

(2)

The Minister may, if she thinks fit in an appropriate case, waive any exclusion that would otherwise operate by virtue of sub-paragraph (1)(a) above.