Decision ID: 002923

In October 1999 the 1971 Fund Executive Committee agreed that it would be appropriate to continue to allow internal loans between Major Claims Funds in respect of incidents that had occurred before the end of the transitional period (ie 15 May 1998), since the contributors were largely identical and there was a sufficient contribution base for future levies, but that loans should not be taken between Major Claims Funds in respect of incidents that had occurred after the above date nor between the former and the latter group of Major Claims Funds, nor from the General Fund to either group.

Date: 31.03.2000
Category: Compensation payments
Subject: Loans to make liquid funds available to pay claims