The search is on for the organisation that will manage the mesothelioma scheme
The Mesothelioma Bill has gained Royal Assent in the House of Commons.
The Mesothelioma Act will establish a lump-sum payments scheme funded by insurers for sufferers of the asbestos-related disease.
It will enable the victims to get compensation when their former employers’ insurance details have been lost.
Sufferers diagnosed with the disease on or after 25 July 2012 would be eligible to receive 75% of the average compensation payout.
Additionally it will outline guidance for the resolution of insurance disputes over mesothelioma.
A Department for Work and Pensions spokesman said: “We are undertaking a full and open tendering exercise to identify the organisation to deliver the mesothelioma scheme and will be announcing the successful candidate in due course.”
The act was passed during a meeting in the House of Commons Chamber yesterday.
It is expected to be brought fully into force at a date to be determined by a secretary of state.