(1)The London Residuary Body may pay compensation—
(a)to any former officer of ILEA who sustained an injury in the course of his employment with ILEA; or
(b)to the widow or widower or child of any former officer of ILEA who, in the course of his employment with ILEA, died or sustained an injury resulting in death.
(2)Subsection (1) above applies irrespective of whether the employment with ILEA of the officer in question came to an end on or before the abolition date.
(3)The London Residuary Body may pay compensation to any person in respect of loss suffered by him in consequence of any damage to property in respect of which it appears to them that a claim might have been brought against ILEA had ILEA not been abolished.
(4)Any compensation payable under this section may be paid either—
(a)by way of a lump sum; or
(b)by way of periodical payments of such amounts and payable at such times and for such periods as the London Residuary Body may from time to time determine having regard to all the circumstances of the case.
(5)The payment of compensation under this section shall not affect any right or claim to damages or compensation which—
(a)any such officer as is mentioned in subsection (1)(a) or (b) above or his widow or widower or child; or
(b)any such person as is mentioned in subsection (3) above;
may have against any person other than the London Residuary Body or, except so far as may be agreed when the compensation is granted, against the London Residuary Body by virtue of section 180 of this Act.
Modifications etc. (not altering text)
C1S. 181: functions, rights and liabilities of the London Residuary Body transferred to the London Pensions Fund Authority (1. 4. 1992) by S.I. 1992/331, arts. 1(1), 2(1)(f)(4), 3, 7