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The Foreign Compensation (Romania) Order 1976

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PART VICLAIMS IN RESPECT OF BONDS

23.  To establish a claim in respect of a bond under this Part of the Order, any person making application to the Commission shall be required to establish to the satisfaction of the Commission—

(a)that he or, if he is a trustee, the person for whom he is a trustee was the beneficial owner of the bond on the date of making application to the Commission; and

(b)that the beneficial owner of the bond on 12th January 1976 was Her Majesty's Government in the United Kingdom or a United Kingdom national.

24.  The Commission shall assess the amount of loss with respect to each claim established under this Part of the Order and, for this purpose, the value of a bond (in respect of both capital and interest) shall be deemed to be the nominal capital value of the bond multiplied by the factor of 2.

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