The Scheme shall pay compensation in respect of eligible deposits without a request to the Scheme being necessary within the applicable time period and as soon as reasonably practicable after:
Processing the claim
The applicable time period will be reckoned the day following the compensation date as follows 20 Working days. The Scheme may differ payment of compensation beyond the time period set out above in cases where:
Time for making a claim
Depositors whose deposits were not repaid or acknowledged by the Scheme within the time-limits set out in the Regulations, shall forfeit their claim to repayment of their deposit after the lapse of a peremptory term of two years from the compensation date.