LEGAL CONTRIBUTION TRUST ACT 1967 - SECT 26A

This legislation has been repealed.

LEGAL CONTRIBUTION TRUST ACT 1967 - SECT 26A

26A .         Interim payment of claims

        (1)         Where it appears to the Trust, taking into consideration all relevant claims that have been made against the Guarantee Fund, that an apportionment pursuant to section 26(2) or (3) will or may be necessary, the Trust may if it thinks fit, at any time before such an apportionment is made or is found to be unnecessary, as the case may be, make an interim payment or interim payments to any claimant whose claim has been allowed or directed to be dealt with under this Part.

        (2)         An interim payment made pursuant to subsection (1) discharges the claim in respect of which it is made to the extent of the amount so paid but does not have the effect of discharging the balance of that claim or of barring any other claim.

        [Section 26A inserted by No. 10 of 1972 s. 4.]