13Guarantee

13 Guarantee

13 Guarantee

(1) Notwithstanding any other provision of this Regulation, where:

(a) a benefit under the Act becomes payable to or in relation to a transferred contributor, and

(b) the Board is satisfied that the transferred contributor was disadvantaged by the operation of the provisions of this Regulation,

the Board shall pay such additional amount as, in the opinion of the Board, is necessary to remove that disadvantage.

(2) Whenever the Board pays a benefit pursuant to subclause (1), the Board shall debit to the appropriate reserve established in the Fund under section 9 of the Act (certain accounts and reserves to be established) the difference between the amount of the benefit so paid and the amount that, but for subclause (1), would have been paid under the Act.