Decision ID: 002656

In October 1998 the 1992 Fund Assembly decided to insert a new Internal Regulation (Regulation 11 bis) in the 1992 Fund’s Internal Regulations to allow the general delegation to the Legal Counsel or the Head of the Claims Department to act on behalf of the Director whenever the latter was on mission or otherwise unable to act. The Assembly also decided to amend Internal Regulations 7.13 and 7.14 enabling the Director to authorise the Head of the Claims Department to approve individual claims up to £500,000 and to authorise any Officer familiar with a particular incident to approve individual claims arising from that incident up to £75,000. The Assembly also decided to insert a new Internal Regulation (Regulation 12 bis) allowing the Director to authorise other Officers to make commitments on behalf of the 1992 Fund up to a maximum of £50,000.