Section 92: Regulations on Compensation Fund

92. Regulations on Compensation Fund Subject to this Act, regulations made under this Act may provide for— (a) the levying of contributions from licensees and other means of financing the Compensation Fund; (b) the power to subscribe to insurance policies; (c) the mode of determining the right to compensation payable under the Compensation Fund and the circumstances in which such right may be excluded or modified; (d) the power to settle claims; (e) specifications as to the quantum of the compensation; (f) the right of subrogation to the Compensation Fund in order to recover from any person whose liability is extinguished or reduced by the payment of the compensation; (g) the terms and conditions on which compensation is to be payable; and (h) accounts to be kept in respect of the Compensation Fund. PART X – INSPECTION AND INVESTIGATION