Coal Acquisition (Re-acquisition Arrangements) Order 1997
22Payment of compensation
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22 Payment of compensation
22 Payment of compensation
(1) On being authorised to do so by the Minister, the Board is to pay an amount of compensation determined by it under this Order (together with any interest payable) to the applicant out of Coal Compensation Board funds. The amount of compensation to be paid to an applicant is to be reduced to take account of any interim or preliminary payments of compensation paid to the applicant in respect of the coal concerned.
(2) If an applicant fails without reasonable excuse to comply with a requirement made by the Board under this Order to provide the Board with further information or documents or, in purported compliance with such a requirement, provides information or documents that the Board considers to be inadequate, the Board may postpone payment to the applicant of an amount of compensation until the applicant complies with the requirements of the notice.
(3) If the Board has paid the reasonable expenses of the registered holder of a colliery holding incurred in complying with the requirements of a notice served under this Order to provide information or documents in relation to an application for compensation, being an application not made by that registered holder, the Board may deduct the amount so paid from any amount of compensation payable to an applicant under this Order in respect of the application.
(4) If payment of an amount of compensation determined under this Order is postponed under this clause, interest is payable under this Order in respect of the amount only from the date to which payment of the amount was postponed up to and including the date of payment.
(5) No interest is payable under this Order in respect of any amount deducted from an amount of compensation by the Board under this clause.