S.L. 370.9 ст. 22Subrogation.

(1) Without prejudice to any other right which the Scheme may have at law, the Scheme shall, upon paying compensation in accordance with these regulations, be immediately and automatically subrogated into all the rights and remedies of the investor against the licence holder and, or any third party, up to the amount of the compensation paid:

Provided that upon paying compensation in accordance with these regulations, the Scheme shall decide in its absolute discretion which recoveries are likely to be both reasonably possible and cost-effective to pursue.

(2) Prior to payment by the Scheme, eligible investors shall confirm in writing that:

(a) they have not received any payment from any other scheme or from the licence holder concerned in respect of the same loss;

(b) they shall provide any assistance the Scheme may require to enable it to exercise its rights and remedies against the licence holder; and

(c) their rights in respect of any money or instruments comprising the claim shall be subrogated in favour of the Scheme.