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Event of Default; Application for Compensation; payment.
22 CFR § 232.08 - Event of Default; Application for Compensation; payment.
§ 232.08 Event of Default; Application for Compensation; payment.
According to the Statute, No person may engage in this State in the business of selling or issuing payment instruments, transmitting money, or exchanging, for compensation, payment instruments or money of the United States government or a foreign government to or from money of another government without first obtaining a license under this Act.
†Wilcoxon Rank-Sum test for compensation payment.
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Critics have suggested it would then look for compensation payments from the government.
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It contains provisions for seizing traffickers' assets, and channelling some of that money towards victims, for compensation payments.
Speaking after Tokyo Electric's announcement, Yukio Edano, the top government spokesman, called for the company to increase efforts to squeeze out funds for compensation payments.
In the past only investors who bought their BP stakes on the New York stock exchange or other US markets could file for compensation payments.
The finance director, George Culmer, was careful not to rule out any further PPI charges and pointed out the bank still had £1.7bn set aside for compensation payments.
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