Section 54: Provisions relating to operation of compensation fund

The following provisions shall be made in the Rules in relation to the operation of the compensation fund to be established pursuant to Section 53 or 55:

(a) Provisions relating to the deposit of money to the fund,

(b) Maximum amount to be paid as a compensation from the fund,

(c) Provisions relating to the accounts and audit of the fund,

(d) Conditions for making a claim to obtain the amount from the compensation fund and procedures for making such a claim,

(e) Conditions where any claim cannot be made on the compensation fund,

(f) Procedures for taking action and making decisions on payment of money as claimed from the compensation fund,

(g) Maximum limit of the amount payable as compensation to one person,

(h) Other necessary matters in relation to the examination of compensation claims,

(i) Provisions to be made in the event of the revocation of the license of a stock exchange,

(j) Other necessary provisions in relation to compensation.