14Special rules for defunct institutions

14 Special rules for defunct institutions

(1) A participating government institution providing redress as the funder of last resort for a non‑participating defunct non‑government institution is not required to provide a direct personal response on behalf of the defunct non‑government institution. (2) If a participating institution is acting as the funder of last resort for a defunct institution and has been identified as equally responsible, it will only be required to offer a direct personal response on its own behalf. (3) If a participating defunct institution has a representative, the representative must engage in any requested direct personal response for the institution on behalf of the institution.

Note: If a defunct institution does not have a representative, it will not be participating in the scheme.