[2C Secure continuity of periodical payments]
Damages Act 1996 (1996 c 48) | Legislation

[2C  Secure continuity of periodical payments]

[(1)     For the purpose of section 2(1A), a court is to assume that the continuity of payment under an order is reasonably secure if—

(a)     the right to receive the payments would be protected by—

(i)     a guarantee under section 6 or Schedule 1, or

(ii)     a scheme under section 213 of the Financial Services and Markets Act 2000 (whether or not as modified by section 4 of this Act), or

(b)     the source of payment would be a recognised body or office-holder listed in subsection (6).

(2)     In an order for periodical payments, a court may include provision—

(a)     specifying the method

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