Part 3

Infected blood compensation

Payments
50
1
The amount of a payment under the infected blood compensation scheme is to be determined in accordance with regulations under section 49.
2
The regulations may make provision for the amount payable to eligible persons—
a
to be a specified amount;
b
to be an amount within a specified range;
c
not to exceed a specified amount.
3
The regulations may make provision—
a
for payments to be made as a lump sum or periodically;
b
for payments to be held on trust;
c
for interest to be payable on payments;
d
for the amount of any periodic payment to be increased to take account of changes in the value of money.
4
The regulations may make provision for payments to be made subject to conditions.
5
The regulations may make provision for payments under the scheme to be repaid to the IBCA (in whole or in part) in specified circumstances.
6
In this section “specified” means specified in the regulations.