AustLII Tasmanian Consolidated Acts

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LEGAL PROFESSION ACT 2007 - SECT 377

Advance payments

(1)  The Trust may, at its absolute discretion, make payments to a claimant in advance of the determination of a claim if satisfied that –
(a) the claim is likely to be allowed; and
(b) payment is warranted to alleviate hardship.
(2)  Any payments made in advance are to be taken into account when the claim is finally determined.
(3)  Payments under this section are to be made from the Guarantee Fund.
(4)  If the claim is disallowed, the amounts paid under this section are recoverable by the Trust as a debt due to the Guarantee Fund.
(5)  If the claim is allowed but the amount payable is less than the amount paid under this section, the excess paid under this section is recoverable by the Trust as a debt due to the Guarantee Fund.
Division 7 - Determination of claims



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