ARTICLE SEVEN
ADJUSTMENT OF COMPENSATION PAYMENTS
7.01 Periodic Re-assessment by Administrator
(top)
- An Approved HCV Infected Person or the Approved Dependants
may apply to the Administrator to have the compensation
payable pursuant to Article Four or Section 6.01, respectively,
re-assessed periodically but not more frequently than every
two years unless the Administrator is satisfied that there
are exceptional circumstances that require a more frequent
re-assessment.
- The Administrator may at any time and from time to time
re-assess the compensation payable to any Approved HCV Infected
Person or the Approved Dependants if the Administrator determines
that there has been a material change in circumstances.
7.02 Compensation Indexed to Pension
Index (top)
The amount of all of the payments to be made pursuant to
Articles Four (other than Sections 4.02, 4.06 and 4.07), Five
and Six will be adjusted on the first day of January of each
calendar year during the Term commencing on 1 January 2000
to the amounts set out in those Articles multiplied by the
ratio that the Pension Index as defined in the Canada Pension
Plan Act for the calendar year of such adjustment bears to
that Pension Index for 1999.
7.03 Periodic Re-assessment by Courts
(top)
- The Joint Committee must apply to the Courts within 180
days after
(i) 31 December 2001 and
(ii) each third anniversary of such date to determine whether,
among other things, the restriction on the payment of $5,000
in Section 4.01(1)(b), the 70% limitation in Sections 4.02
and 6.01 and the $75,000 limitation in Sections 4.02 and
6.01 should be amended (i.e., either increased or decreased)
or removed in whole or in part.
- If the Courts decide to amend the restrictions referred
to in Section 7.03(1) to increase the amount of any payments,
then the amendment will be made strictly in accordance with
the following priorities:
- firstly, the Plan will be amended by deleting the restriction
upon payment contained in Section 4.01(1)(b) requiring
the postponement of payment of $5,000 and by providing
that the full amount of $20,000 will be paid. Each person
entitled to receive a payment that has been postponed
for his or her account in accordance with Section 4.01(1)(b)
will thereupon be paid the amount postponed plus interest
thereon at the Prime Rate commencing on the date of payment
of the $15,000 under Section 4.01(1)(b);
- secondly, after the amendment referred to in Section
7.03(2)(a) has been made and all amounts payable under
that Section have been paid, the Plan will then be amended
by deleting the words "70% of" from Sections
4.02 and 6.01 and substituting the percentage that is
to be recovered. Thereafter, these restrictions will again
be amended until such time as they are deleted. Each person
who previously received compensation pursuant to Section
4.02 or 6.01 will be paid the difference between the amount
that he or she received and the amount that he or she
would have received had the substituted percentage been
in place, together with interest on the difference at
the Prime Rate commencing on the date of payment of the
reduced amount, as amended from time to time; and
- thirdly, after the amendments referred to in Sections
7.03(2)(a) and (b) have been made and all amounts payable
under those Sections have been paid, the Plan will then
be amended by amending or deleting the words "provided
that the amount determined under this Section 4.02(2)(b)(i)
will not exceed $75,000 multiplied by the ratio that the
Pension Index for the year bears to the Pension Index
for 1999" in the definition of "Pre-claim Net
Income" in Section 4.02(2)(b) and the words "provided
that the amount determined under this Section 4.02(2)(c)(i)
will not exceed the proportion of the amount determined
under Section 4.02(2)(b)(i) for such year that the Approved
HCV Infected Person's Post-claim Gross Income for such
year is of such person's Pre-claim Gross Income for such
year" in the definition of "Post-claim Net Income"
in Section 4.02(2)(c). Thereafter, such restriction will
again be amended until such time as it is deleted. Once
an amendment has been made, each person who previously
received compensation pursuant to Section 4.02 or 6.01
will be paid the difference between the amount that he
or she received and the amount that he or she would have
received had the amendment or deletion been in place,
together with interest on the difference at the Prime
Rate commencing on the date of payment of the reduced
amount, as varied from time to time.
- Notwithstanding the provisions of Section 7.03(1), in
the event of a material change in circumstances, the Joint
Committee, any Class Action Counsel or the Fund Counsel
may apply to the Courts at any time to assess the financial
viability and sufficiency of the Trust Fund and whether
the restriction on the payment of $5,000 under Section 4.01(1)(b),
the 70% limitation in Sections 4.02 and 6.01 and the $75,000
limitation in Sections 4.02 and 6.02 should be amended (i.e.,
either increased or decreased) or removed in whole or in
part.
Interest will not accrue on amounts payable under this Plan
except as specifically provided in Section 7.03(2). Interest
payable under this Plan must be calculated on the basis of
simple interest, not compound interest. There will be no interest
paid on the Pension Index adjustment component of any payment.
In the absence of fraud, any amount paid pursuant to this
Plan is not refundable in the event that it is later determined
that the recipient was not entitled to receive or be paid
all or part of the amount so paid, but the recipient may be
required to account for any amount that he or she was not
entitled to receive against any future payments that he or
she would otherwise be entitled to receive pursuant to this
Plan.
7.06 Payments to Public Trustee
(top)
Notwithstanding any of the other provisions of this Plan,
any amount payable to a minor or mentally incompetent person
hereunder will be paid to the Public Trustee or Public Curator
or such other person as the law provides in the Province or
Territory where the minor or mentally incompetent person resides
or is deemed to reside. The Public Trustee or Public Curator
or such other person as the law provides will determine the
manner of payment of such amount to or for the benefit of
the minor or mentally incompetent person.
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