Legal Profession Act 2004 No 112
Current version for 4 July 2014 to date (accessed 19 December 2014 at 11:35)

449   Repayment of certain amounts

(1)  If a claimant:
(a)  receives a payment from the Fidelity Fund in respect of the claim, and
(b)  receives or recovers from another source or sources a payment on account of the pecuniary loss, and
(c)  there is a surplus after deducting the amount of the pecuniary loss from the total amount received or recovered by the claimant from both or all sources,
the amount of the surplus is a debt payable by the claimant to the Fund.
(2)  However, the amount payable by the claimant cannot exceed the amount the claimant received from the Fidelity Fund in respect of the claim.
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