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SCHEDULES

SCHEDULE 3U.K.Freezing orders

CompensationU.K.

10(1)A freezing order may include provision for the award of compensation to or on behalf of a person on the grounds that he has suffered loss as a result of—U.K.

(a)the order;

(b)the fact that a licence has not been granted under the order;

(c)the fact that a licence under the order has been granted on particular terms rather than others;

(d)the fact that a licence under the order has been varied or revoked.

(2)In particular, the order may include—

(a)provision about the person who may make a claim for an award;

(b)provision about the person to whom a claim for an award is to be made (which may be provision that it is to be made to the High Court or, in Scotland, the Court of Session);

(c)provision about the procedure for making and deciding a claim;

(d)provision that no compensation is to be awarded unless the claimant has behaved reasonably (which may include provision requiring him to mitigate his loss, for instance by applying for a licence);

(e)provision that compensation must be awarded in specified circumstances or may be awarded in specified circumstances (which may include provision that the circumstances involve negligence or other fault);

(f)provision about the amount that may be awarded;

(g)provision about who is to pay any compensation awarded (which may include provision that it is to be paid or reimbursed by the Treasury);

(h)provision about how compensation is to be paid (which may include provision for payment to a person other than the claimant).