I have been employed by the same employer for a number of years, and they have recently provided a revised 'terms of employment' document which includes the following new paragraph
It is a contractual requirement that, if your ill health or injury is the result of an accident caused by a third party in respect of which damages are recoverable then you must notify us immediately of all the relevant circumstances and of any claim, compromise, settlement or judgment made or awarded in connection with it and give us any information about those matters as we may reasonably require. If we require you to do so, you must refund to us any amount received by you from any such third party, but the refund will be no more than the amount which you have recovered in respect of the sick pay which you have received.`
I'm unsure if I fully understand this, does it mean that if I am caused an injury by a third party, receive sick pay, then subsequently claim the third party for loss of earnings, I must claim from them my full earnings and then return the sick pay to my employer?
This seems to me like an unusual way of doing things, I've never seen a clause like this before.
Have I understood correctly?