Direct Financial Link definition

Direct Financial Link means a relationship between the MRO and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the MRO and/or: (a) any Law Firm, Insurer or personal injury claims management company which is, or has been, wholly or partly owned by the MRO or a partner, member, senior manager, director, officer of the company, employer or employee, of the MRO, is or has been at any time during the previous 3 year period; or (b) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, officer of the company, employer or employee of the MRO, is a partner, member, senior manager, director, officer of the company, employer or employee, is, or has been, at any time during the previous 3 year period; or (c) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, officer of the company, employee or employee of the MRO, is or has been a shareholder of the MRO, with a shareholding above 3%, now or at any time during the previous 3 year period; or (d) a group containing, an Alternative Business Structure; “Direct Medical Expert/DME” a medical expert who will accept instructions direct from an Authorised User to complete a relevant medical legal report. Direct means that instructions and payment must be made direct to the direct medical expert;
Direct Financial Link means a relationship between the DME and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx, covering a relationship between the DME and any Law Firm, Insurer or personal injury claims management company with which DME has a contract of service or by which DME is employed to provide medical legal reports in: (a) soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents;and (b) road traffic accident related personal injury claims, valued at not more than £5,000, to which the Pre-Action Protocol for Personal Injury Claims Below the Small Claims Limit in Road Traffic Accidents applies
Direct Financial Link. Means a relationship between the Authorised User and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the Authorised User and/or: (a) any MRO which is, or has been, wholly or partly owned by the Authorised User or by a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is, or has been at any time during the previous 3 year period; or (b) any MRO in which the Authorised User, or a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is a partner, senior manager, member, director, officer of the company, employer or employee, is, or has been, at any time during the previous 3 year period; or (c) any MRO in which the Authorised User, or a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is or has been a shareholder, with a shareholding above 3%, now or at any time during the previous 3 year period; or (d) where the Authorised User practises under an ABS licence or is part of a group containing an ABS, any MRO which forms part of, or is wholly or partly owned by, the ABS or group; or (e) any medical legal expert employed by the Authorised User or under contract of service with the Authorised User for the provision of medical legal reports: (i) in soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents; or (ii) in road traffic accident related personal injury claims, valued at not more than £5,000, to which the Pre- Action Protocol for Personal Injury Claims Below the Small Claims Limit in Road Traffic Accidents applies.

Examples of Direct Financial Link in a sentence

  • This will include (but is not limited to): Making full and xxxxx disclosure of any Direct Financial Link that one Authorised User may have with a Data Contributor or Direct Medical Expert (or vice versa) and keeping that disclosure updated if there are any changes.

  • This will include (but is not limited to): Making full and xxxxx disclosure of any Direct Financial Link that one Authorised User may have with a MRO or Direct Medical Expert (or vice versa) and keeping that disclosure updated if there are any changes.


More Definitions of Direct Financial Link

Direct Financial Link. Means a relationship between the MRO and another party which the Government has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the Authorised User and/or:
Direct Financial Link. Direct Medical Expert/DME” means a relationship between the MRO and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the MRO and/or: (a) any Law Firm, Insurer or personal injury claims management company which is, or has been, wholly or partly owned by the MRO or a partner, member, senior manager, director, officer of the company, employer or employee, of the MRO, is or has been at any time during the previous 3 year period; or (b) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, officer of the company, employer or employee of the MRO, is a partner, member, senior manager, director, officer of the company, employer or employee, is, or has been, at any time during the previous 3 year period; or (c) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, officer of the company, employee or employee of the MRO, is or has been a shareholder of the MRO, with a shareholding above 3%, now or at any time during the previous 3 year period; or (d) a group containing, an Alternative Business Structure; a medical expert who will accept instructions direct from an Authorised User to complete a relevant medical legal report. Direct means that instructions and payment must be made direct to the direct medical expert;
Direct Financial Link. “Direct Medical Expert/ DME” Means a relationship between the Authorised User and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the Authorised User and/or: (a) any MRO which is, or has been, wholly or partly owned by the Authorised User or by a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is, or has been at any time during the previous 3 year period; or (b) any MRO in which the Authorised User, or a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is a partner, senior manager, member, director, officer of the company, employer or employee, is, or has been, at any time during the previous 3 year period; or (c) any MRO in which the Authorised User, or a partner, senior manager, member, director, officer of the company, employer or employee in the Authorised User’s organisation, is or has been a shareholder, with a shareholding above 3%, now or at any time during the previous 3 year period; or (d) where the Authorised User practises under an ABS licence or is part of a group containing an ABS, any MRO which forms part of, or is wholly or partly owned by, the ABS or group; or (e) any medical legal expert employed by the Authorised User or under contract of service with the Authorised User for the provision of medical legal reports: (i) in soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents; or (ii) in road traffic accident related personal injury claims, valued at not more than £5,000, to which the Pre- Action Protocol for Personal Injury Claims Below the Small Claims Limit in Road Traffic Accidents applies. a medical expert who will accept instructions direct from an Authorised User to complete a relevant medical legal
Direct Financial Link. (a) any Law Firm, Insurer or personal injury claims management company which is, or has been, wholly or partly owned by the Data Contributor or a partner, member, senior manager, director, employer or employee, of the Data Contributor or has been during the previous 12 month period; or (b) any Law Firm, Insurer or personal injury claims management company in which the Data Contributor, or a partner, member, senior manager, director, employer or employee of the Data Contributor, is a partner, member, senior manager, director, employer or employee, is, or has been, at any time during the previous 12 month period; or (c) any Law Firm, Insurer or personal injury claims management company in which the Data Contributor, or a partner, member, senior manager, director, employee or employee of the Data Contributor, is or has been a shareholder of the Data Contributor, with a shareholding above 3%, now or at any time during the previous 12 month period; or (d) the Data Contributor is part of, or part of a group containing, an Alternative Business Structure; or (e) where the Data Contributor is a Direct Expert or a Non-Direct Expert (as appropriate), there is no Law Firm, Insurer or personal injury claims management company with which the Data Contributor has a contract of service or by which the Data Contributor is employed to provide medico- legal reports in soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents;
Direct Financial Link. (a) any MRO which is, or has been, wholly or partly owned by the Authorised User or by a partner, senior manager, member, director, employer or employee in the Authorised User’s organisation, at any time during the previous 12 month period; or (b) any MRO in which the Authorised User, or a partner, senior manager, member, director, employer or employee in the Authorised User’s organisation, is a partner, senior manager, member, director, employer or employee, is, or has been, at any time during the previous 12 month period; or (c) any MRO in which the Authorised User, or a partner, senior manager, member, director, employer or employee in the Authorised User’s organisation, is or has been a shareholder, with a shareholding above 3%, now or at any time during the previous 12 month period; or (d) where the Authorised User practises under an ABS licence or is part of a group containing an ABS, any MRO which forms part of, or is wholly or partly owned by, the ABS or group; or (e) any medico-legal expert employed by the Authorised User or under contract of service with the Authorised User for the provision of medico-legal reports in soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents; or “MedCo Database” the MedCo branded online application, including and/or other applications or software (as modified by MedCo from time to time), which shall provide Authorised Users with web based browser access to the Data in accordance with the terms and conditions of this Agreement;
Direct Financial Link. Means a relationship between the MRO and another party which the Government has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx,) covering a relationship between the MRO and/or: (a) any Law Firm, Insurer or personal injury claims management company which is, or has been, wholly or partly owned by the MRO or a partner, member, senior manager, director, employer or employee, of the MRO, is or has been at any time during the previous 3 year period; or (b) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, employer or employee of the MRO, is a partner, member, senior manager, director, employer or employee, is, or has been, at any time during the previous 3 year period; or (c) any Law Firm, Insurer or personal injury claims management company in which the MRO, or a partner, member, senior manager, director, employee or employee of the MRO, is or has been a shareholder of the MRO, with a shareholding above 3%, now or at any time during the previous 3 year period; or (d) a group containing, an Alternative Business Structure; "Ethics Policy" the MedCo Ethics Policy as attached at Schedule 2 of this Agreement as amended from time to time by MedCo;
Direct Financial Link. Direct Medical Expert” / “DME” means a relationship between the DME and another party which the MoJ has determined constitutes a direct financial link (or as amended from time to time and set out at xxx.xxxxx.xxx.xx, covering a relationship between the DME and any Law Firm, Insurer or personal injury claims management company with which DME has a contract of service or by which DME is employed to provide medical legal reports in: (a) soft tissue injury claims within the meaning of paragraph 1.1(16A) of the Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents;and (b) road traffic accident related personal injury claims, valued at not more than £5,000, to which the Pre-Action Protocol for Personal Injury Claims Below the Small Claims Limit in Road Traffic Accidents applies a medical expert who will accept instructions direct from an Authorised User to complete a relevant medical legal “Due Diligence” report. Direct means that instructions and payment should be made direct to the DME; means the checks that MedCo will undertake before approving the DMEs Registration. These checks will be with any relevant Regulatory Body or any other checks that MedCo considers necessary;