S.L. 370.9 Art. 21Compensationpaid to be deducted fromcompensation payable.

(1) In considering compensation to any investor for any payment under these regulations, the Management Committee shall take into account any payments made under a policy of professional indemnity insurance, if any, held by the licence holder or any payments made under any other law or arrangement in respect of the same losses.

(2) The Management Committee shall deduct such amount of compensation paid from the amount of compensation that may be payable to the investor in respect of any or all of the circumstances arising from this regulation.