620. Fraud Compensation Fund.

The Fraud Compensation Fund1 must consist of: (1) any property and rights transferred on dissolution of the Pensions Compensation Board2 which the Board of the Pension Protection Fund3 designates as assets of the Fund; (2) contributions levied under the fraud compensation levy4; (3) money borrowed by the Board5 for the purposes of the fraud compensation provisions6; (4) amounts recovered with respect to interim payments7; and (5) any income or capital gain credited under the provisions below8.

The Board must credit to the Fraud Compensation Fund any income or capital gain arising from the assets in the Fund