S.L. 370.9 ст. 4Functions of the Scheme.

(1) Without prejudice to any other power or function conferred on it by these regulations or by any other law, it shall be the function of the Scheme -

(a) to maintain a fund or funds out of which payments shall be made to investors and to meet such other payments or expenses as may be paid out of the fund or funds in accordance with these regulations;

(b) to establish and maintain, after consultations with the competent authority, arrangements for the making of payments to investors in accordance with these regulations;

(c) to process claims for compensation by investors as expeditiously as possible and to ensure that compensation is paid out without undue delay; and

(d) to advise the competent authority on matters relating to compensation of investors.

(2) The objective of the Scheme is to provide a means of protection for private investors within the framework of these regulations. All the members of the Management Committee shall work in the best interest of the Scheme and shall pursue and promote its objective.