Covering the need for funds through credit; special payments

(1) Where the compensation scheme cannot cover the determined need for funds in the compensation event in time to fulfil its obligation under section 14(3) by raising special contributions, it must take out credit.
(2) Where the compensation scheme is unlikely to be able to service the credit out of its available financial means, it must raise special payments for the repayment, interest and costs of that credit. Special payments fall due six weeks before the respective claim under the credit falls due, but at the earliest two weeks after notification of the special-payment assessment.
(3) Instead of raising special contributions under section 29, the compensation scheme may take out credit where it is to be expected that this credit, including interest and costs, can be fully repaid from the available financial means within the current and the following contribution year, without special payments under subsection (2) becoming necessary.