s. 80 (2) For the purpose of removing doubt, a person who S. 79(2) is an estate agent can only suffer pecuniary loss by inserted by No. 86/1994 reason of a defalcation as a result of that person's s. 39(b). dealings as a client of another estate agent. Note Note to s. 79 inserted by Claims for compensation from the Fund for defalcations by No. 75/2006 s. 192(Sch. 2 conveyancers are dealt with under Part 7 of the Conveyancers Act item 2.3). 2006 80 Right to claim in respect of pecuniary loss (1) Subject to this Part, every person who suffers S. 80(1) amended by pecuniary loss as referred to in section 79 is No. 10155 entitled to claim compensation from the Fund. s. 69(1)(e). * * * * * S. 80(2) repealed by No. 86/1994 s. 45(g). (3) Subject to this Part the amount that a claimant is entitled to claim as compensation from the Fund is the amount of the actual pecuniary loss suffered by him (including the reasonable costs of and disbursements incidental to the making and proof of his claim) less the amount or value of all moneys or other benefits received or receivable by him from a source other than the Fund in reduction of the loss. (4) In addition to any compensation that is payable under this Part, interest is payable out of the Fund on the amount of the compensation, less any amount attributable to costs and disbursements, at the rate of five per cent per annum calculated from and including the day on which the pecuniary loss
S. 79(2) inserted by No. 86/1994 s. 39(b). (2) For the purpose of removing doubt, a person who is an estate agent can only suffer pecuniary loss by reason of a defalcation as a result of that person's dealings as a client of another estate agent. Note to s. 79 inserted by No. 75/2006 s. 192(Sch. 2 item 2.3). Note Claims for compensation from the Fund for defalcations by conveyancers are dealt with under Part 7 of the Conveyancers Act 2006 80 Right to claim in respect of pecuniary loss s. 80 S. 80(1) amended by No. 10155 s. 69(1)(e). (1) Subject to this Part, every person who suffers pecuniary loss as referred to in section 79 is entitled to claim compensation from the Fund. S. 80(2) repealed by No. 86/1994 s. 45(g). * * * * * (3) Subject to this Part the amount that a claimant is entitled to claim as compensation from the Fund is the amount of the actual pecuniary loss suffered by him (including the reasonable costs of and disbursements incidental to the making and proof of his claim) less the amount or value of all moneys or other benefits received or receivable by him from a source other than the Fund in reduction of the loss. (4) In addition to any compensation that is payable under this Part, interest is payable out of the Fund on the amount of the compensation, less any amount attributable to costs and disbursements, at the rate of five per cent per annum calculated from and including the day on which the pecuniary loss