SCHEDULES

SCHEDULE 3Freezing orders

Compensation

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—

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).