http://www.legislation.gov.uk/ukpga/1992/8/section/84Social Security Administration (Northern Ireland) Act 1992Social Security Administration (Northern Ireland) Act 19921992-02-13texttext/xmlenStatute Law Database2026-07-29Expert Participation2026-07-09 Part IV Payments, deductions and certificates Structured settlements.841This section applies where—ain final settlement of a person’s claim, an agreement is entered into—ifor the making of periodical payments (whether of an income or capital nature) to or in respect of the victim; oriifor the making of such payments and one or more lump sum payments; andbapart from this section, those payments would fall to be regarded for the purposes of the recoupment provisions as compensation payments.2Where this section applies, the recoupment provisions (other than this section) shall have effect on the following assumptions, that is to say—athe relevant period in the case of the compensator in question shall be taken to end (if it has not previously done so) on the day of settlement;bthe compensator in question shall be taken—ito have been liable to make on that day a single compensation payment of the amount referred to in section 78(1)(a) above (reduced or increased in accordance with such of the recoupment provisions as would have applied in the case of a payment on that day); andiito have made from that single payment a relevant deduction of an amount equal to it; andcthe payments under the agreement referred to in subsection (1) above shall be taken to be exempt payments.3The intended recipient shall not by virtue of anything in this section become entitled to be paid any sum, whether by the compensator or the Department, and if on a review or appeal under section 93 or 95 below it appears that the amount paid by a compensator in pursuance of this section was either greater or less than it ought to have been, then—aany excess shall be repaid to the compensator instead of to the intended recipient; butbany deficiency shall be paid to the Department by the intended recipient.4Where any further compensation payment falls to be made to or in respect of the victim otherwise than under the agreement in question, subsection (2)(a) above shall be disregarded for the purpose of determining the end of the relevant period in relation to that further payment.5In any case where—athe person making the periodical payments (“the secondary party”) does so in pursuance of arrangements entered into with another (as in a case where an insurance company purchases an annuity for the victim from another such company), andbapart from those arrangements, that other (“the primary party”) would have been regarded as the compensator,then for the purposes of the recoupment provisions, the primary party shall be regarded as the compensator and the secondary party shall not be so regarded.6In determining for the purposes of this section whether any periodical payments would fall to be regarded as compensation payments, section 77(3)(a) above shall be disregarded.7In this section “the day of settlement” means—aif the agreement referred to in subsection (1) above is approved by a court, the day on which that approval is given; andbin any other case, the day on which the agreement is entered into.Pt. IV (ss. 77-99) repealed (6.10.1997) by S.I. 1997/1183 (N.I. 12), art. 31(1)(2), Sch. 3, para. 2, Sch. 4; S.R. 1997/400, art. 2(2)