Changing CAT Settlement Rules
The Access to Justice Foundation (ATJF) argues that Competition Appeal Tribunal (CAT) rules need to be changed so that a portion of unclaimed damages from collective actions go to charity when cases settle.
The current CAT rules state that the ATJF should receive residual damages following judgment, but the charity notes that the government left open the question of what should happen in the context of settlement when setting up the opt-out collective actions regime in 2015.
- The ATJF calls for changes to ensure that unclaimed damages go to charity in settlement cases.
- A government portal for consumers to access damages from opt-out collective actions is also recommended to increase take-up.
Mastercard: Foundation set to receive portion of any unclaimed damages
Author's summary: CAT rules need to change to direct unclaimed damages to charity.
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