PART 8Liabilities and payment
CHAPTER 3Reduction and waiver of liabilities
Agreement to waive a liability owed by the scheme manager in respect of an immediate correction 63
1
This regulation applies where the scheme manager owes a liability to pay compensation to a person (“P”) under section 16(3) of PSPJOA 2022.
2
The scheme manager and P may agree to waive the liability.
3
Such agreement—
a
must be in writing,
b
may be rescinded with the agreement of the scheme manager and P, and
c
in any event ceases to apply where—
i
the end of the section 10 election period in relation to the remediable service as a firefighter in respect of which compensation is payable has passed, and
ii
no section 10 election has been made (or deemed to have been made) in relation to that service.
4
Where an agreement is rescinded or otherwise ceases to apply, the scheme manager owes P the liability mentioned in paragraph (1).