Decision ID: 000581

In February 1996 the 1971 Fund Executive Committee, whilst recalling that it had shared the Director’s view that any established claims could be paid in full on the basis of a guarantee given by a group of claimants that the total amount of their admissible claims would not exceed a certain limit, decided that procedures of this type should be used only in very particular situations and provided that any such guarantee would give the Fund security against overpayments.

Date: 01.02.1996
Category: Compensation payments
Subject: Payments against guarantees that claims would not exceed certain amounts