If you do not accept the Scheme Administrators determination of your additional Notified Liabilities then you need to notify the Scheme Administrators of your rejection and the reasons for this rejection. The Scheme Administrators will consider the basis for your rejection and whether there are further grounds for reaching agreement. The Scheme Administrators will then notify you of their further determination, or else refer
the matter to the Scheme Adjudicator.
If the matter is referred to a Scheme Adjudicator, the Scheme Adjudicator will contact you directly.
As per Clause 26.3 of the HIH Schemes of Arrangement, any determination that cannot be agreed between the Scheme Creditor and the Scheme Administrator within three months of issuing of the Scheme Administrators written determination notice, then the matter will immediately be referred to the Scheme Adjudicator.
It should be noted that should a Scheme Creditor be unsuccessful in any matter referred to a Scheme Adjudicator then the costs of the Scheme Adjudicator may be borne by the Scheme Creditor.