The Presbyterian Mutual Society Financial Assistance Scheme Regulations (Northern Ireland) 2011

This section has no associated Explanatory Memorandum

6.  The terms and conditions referred to in Article 5 may, in particular, include provision—

(a)as to the amount of financial assistance to be provided to each eligible person;

(b)as to the terms and conditions on which financial assistance is to be provided to such eligible persons, including a requirement for such persons to surrender any rights or claims relating to the investments referred to in Article 2;

(c)for securing that any payments are duly made to eligible persons and for requiring the Administrator to recover any payments that are not so made;

(d)for the Administrator to report to the Department about the administration of the sum paid to him under this Scheme and about payments made by him out of that sum;

(e)requiring the Administrator to give to the Department such information as it may require in connection with such reports, including the identification of the persons to whom payments have been made and the calculation of those payments;

(f)requiring the Administrator to prepare accounts relating to the sum paid to him under this Scheme and payments made by him out of that sum and the form and manner of those accounts; and

(g)for the audit of such accounts and for their transmission to the Department.