Decision ID: 003236

In May 2002 the 1992 Fund Executive Committee and the 1971 Fund Administrative Council both decided, in the light of the developments as to the Funds’ total exposure, to authorise the Director to increase the level of payments, at that time 80% of the loss or damage actually suffered by the individual claimants, if and to the extent that he was satisfied that there was no risk that the Funds would face an overpayment situation.