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9.—(1) The Council shall meet the full amount of any claim as to an act of negligence or breach of statutory duty made against them by a third party in respect of any transferred property provided that such claim—
(a)relates to an act or breach committed or occurring before the relevant date; and
(b)is settled for an amount in excess of £250.
(2) The transferee authority shall meet any such claim which is settled for an amount not exceeding £250.
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