Management of funds
63 Management of funds
The Statutory Reserve Fund and the Insurance Assistance Fund may be invested in common with the Compensation Fund as if they formed part of the
Compensation Fund.
For the purposes of financial reporting and actuarial valuations, the Statutory Reserve Fund and the Insurance Assistance Fund will be taken to form part of the Compensation Fund.
If the Corporation is of the opinion that the balance of the
Statutory Reserve Fund or the Insurance Assistance Fund exceeds the amount reasonably required for the purposes for which the relevant fund exists, the
Corporation may, with the Minister's consent, transfer the surplus to the
Compensation Fund.
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