Foreign Compensation Act 1962
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2 Deductions in respect of loans to claimants.
Where, in making any payment in respect of a claim arising in connection with events in Egypt during the aforesaid period, the Foreign Compensation Commission has made a deduction in respect of a loan to the claimant or his predecessor in title made by Her Majesty’s Government in the United Kingdom, the Commission shall, if so directed by the Secretary of State, pay into the Exchequer, out of moneys paid to the Commission for distribution in respect of claims so arising, a sum equal to the amount of that deduction.
2 Deductions in respect of loans to claimants.
Where, in making any payment in respect of a claim arising in connection with events in Egypt during the aforesaid period, the Foreign Compensation Commission has made a deduction in respect of a loan to the claimant or his predecessor in title made by Her Majesty’s Government in the United Kingdom, the Commission shall, if so directed by the Secretary of State, pay into the Exchequer, out of moneys paid to the Commission for distribution in respect of claims so arising, a sum equal to the amount of that deduction.
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