Section 10 | Indemnity cover.

(1)In each of the provisions specified in subsection (2) (which provide that, for a compromise agreement to be valid, there must have been in force a policy of insurance covering the risk of a claim against the person who provided the advice about the agreement), for “policy of insurance” substitute “ contract of insurance, or an indemnity provided for members of a profession or professional body, ”.

(2)The provisions referred to in subsection (1) are—

(a)Repealed^F1

(b)Repealed^F1

(c)section 288(2B)(d) of the Trade Union and Labour Relations (Consolidation) Act 1992,

(d)Repealed^F2

(e)section 203(3)(d) of the Employment Rights Act 1996.