Determining compensation

Determining compensation

169 (1) If, on reconsideration, a Tribunal decides to amend its decision, it must decide whether to award the claimant compensation for the compensable damage that is referred to in their claim for compensation. If it decides to award compensation, it must, having regard to any other amount of compensation that the applicant has been paid for that damage, determine the amount of compensation in accordance with the regulations and, if it is authorized by the regulations to award costs with respect to a claimant’s claim for compensation or the reconsideration of that claim and it decides to do so, it must determine the amount of those costs. (2) The Tribunal must advise the applicant, the designated company and the Regulator, by notice, of its decision with respect to the application for reconsideration. (3) If the decision is amended, the notice must indicate (a) the amount of any compensation or costs determined under subsection (1); (b) any reduction in the amount of compensation provided for by the regulations; and (c) any amounts that have already been paid with respect to the claim in accordance with this Act.