(1) This section applies if the law society publishes a notice under section 376 fixing a final date after which claims relating to a default of a law practice can not be made.
(2) A claim may be made--
(a) up to and including the final date fixed under the notice; or
(b) within a further period allowed by the law society; or
(c) if the Supreme Court allows a further period after the law society refuses to do so--within the period allowed by the court.
(3) A claim may be made under subsection (2) even though it would have been barred under section 375 had the notice not been published.
(4) The Supreme Court or law society may allow a further period mentioned in subsection (2) only if satisfied that--
(a) it would be reasonable to do so after taking into account all ascertained and contingent liabilities of the fidelity fund; and
(b) it would be appropriate to do so in the particular case having regard to matters the Supreme Court or law society considers relevant.