(3) Subject to this Chapter, the only charges on, or disbursements to be made from, the National
Compensation Fund shall be by—
(a)
the National Compensation Tribunal; or
(b)
the trustees of the Fund in so far as such disbursements or charges are necessary and
prudent for the efficient operation of the Fund in accordance with its purpose as declared in this
subsection.
(4) There shall be not less than four trustees of the National Compensation Fund who shall be
appointed from time to time by the Public Appointments Committee on the recommendation of the
National Compensation Tribunal.
(5) A Trustee shall hold office for the duration of the Fund unless and only in such circumstances
as that trustee is removed by the Public Appointments Committee on the grounds of—
(a)
incompetence;
(b)
incapacity; or
(c)
being compromised in the exercise of his or her functions to the extent that his or her
financial probity is in serious question.
(6) Trustees of the National Compensation Fund shall exercise their functions independent of
any direction or interference by any body or authority, save as is provided by this section.
(7) The Auditor General shall make an annual report, to be laid before the National Assembly, on
the conduct and status of the Fund which shall provide guidance to the National Assembly for voting an
appropriation for the purposes of the National Compensation Fund.(8) An appropriation for the
purposes of the National Compensation Fund shall be laid before the National Assembly by the Minister
responsible for Finance before the beginning, and with respect to, every financial year during the life of
the Fund.
(9) With respect to any financial year, the Tribunal shall prescribe a period not being more than
six months after the commencement of that financial year, after which the Tribunal shall not receive
applications for compensation within that financial year from the National Compensation Fund.
[Ch0000s145]145.
Winding-up of the National Compensation Fund
(1) The National Compensation Fund shall cease to be charged with new claims for
compensation not later than ten years after the commencement of this Constitution at which time the
National Compensation Tribunal shall dissolve.
(2) If, with respect to any year within the period prescribed in subsection (1), and after the
second year of it coming into existence, less than ten applications are made to the National