(1) A claim is exempt from assessment under this Part if--
(a) the claim is of
a kind that is exempt under the regulations, or
(b) the Commission has made a
preliminary assessment of the claim and has determined (with the approval of
the President) that the claim is not suitable for assessment under this Part.
(2) If a claim is exempt from assessment under this Part, the President must,
as soon as practicable, issue the insurer and claimant with a certificate to
that effect (enabling court proceedings to be commenced in respect of the
claim concerned).