The Electronic Presentment of Instruments (Evidence of Payment and Compensation for Loss) Regulations 2018

Contributory behaviour by the claimant

This section has no associated Explanatory Memorandum

8.  Where a claimant incurs a loss in respect of which a responsible banker is liable to pay compensation under regulation 5, and that loss results wholly or in part from an act or omission of the claimant, the amount of the compensation to be paid by the responsible banker to the claimant is reduced in proportion to the contribution of such act or omission to the loss.