(1)  This section applies if a default appears to be a default to which a corresponding law applies and to have –

(a) occurred solely in this jurisdiction; or

(b) occurred in more than one jurisdiction (including this jurisdiction); or

(c) occurred in circumstances in which it cannot be determined precisely in which jurisdiction the default occurred.

(2)  The Trust may act as agent of a corresponding authority, if requested to do so by the corresponding authority, for the purpose of processing or investigating a claim about the default or aspects of the claim.

(3)  If the Trust agrees to act as agent of a corresponding authority under subsection (2) , the Trust may perform or exercise any of its functions or powers in relation to processing or investigating the claim or aspects of the claim as if the claim had been made under this Part.