Part II Other methods of dispute resolution

Compromise agreements

10 Indemnity cover.

1

In each of the provisions specified in subsection (2) (which provide that, for a compromise agreement to be valid, there must have been in force a policy of insurance covering the risk of a claim against the person who provided the advice about the agreement), for “policy of insurance” substitute “ contract of insurance, or an indemnity provided for members of a profession or professional body, ”.

2

The provisions referred to in subsection (1) are—

F1a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1b

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c

section 288(2B)(d) of the M1Trade Union and Labour Relations (Consolidation) Act 1992,

F2d

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e

section 203(3)(d) of the M2Employment Rights Act 1996.