Section 37B | Financial award: unpaid amount ^F1

(1)In the case of a financial award, the unpaid amount on any day means the amount outstanding immediately before that day in respect of—^F1

(a)the initial amount of the financial award (see subsection (2)), and^F1

(b)interest payable in respect of the financial award by virtue of section 14.^F1

(2)The initial amount of a financial award is—^F1

(a)in a case to which section 16 applies, the monetary award within the meaning of that section (see section 17(3)), together with any costs sum, and^F1

(b)in any other case, the sum or sums of money ordered to be paid (including any costs sum).^F1

(3)An amount in respect of a financial award is not to be regarded as outstanding—^F1

(a)when the worker could make an application for an order for a costs sum in relation to—^F1

(i)proceedings on the claim to which the financial award relates,^F1

(ii)proceedings on a relevant appeal,^F1

(b)when the worker has made such an application but the application has not been withdrawn or finally determined,^F1

(c)when the employer or worker could appeal against—^F1

(i)the decision on the claim to which it relates,^F1

(ii)a decision to make, or not to make, a financial award (including any costs sum) on the claim,^F1

(iii)the amount of any such award, or^F1

(iv)any decision made on an appeal within sub-paragraphs (i) to (iii) or this sub-paragraph,^F1

but has not done so, or

(d)when the employer or worker has made such an appeal but the appeal has not been withdrawn or finally determined.^F1