Clause 4

As soon as may be, and in any event, not later than three months after the coming into operation of this Ordinance, the Board shall apply the Fund in the payment of outstanding claims in accordance with the provisions of the principal Ordinance:Provided that in the event of any payment or any property, the subject of a claim for war risks under the principal Ordinance, being in dispute at the date of the coming into operation of this Ordinance, the Board may pay the amount of the claim into court or may make such other provision for the payment of such claim as the Board may, with the approval of the Minister, think fit; and subject thereto, shall deposit with and assign to the Accountant-General the balance, if any, of the Fund and any assets thereof remaining in the custody or control of the Board.

The Yang di-Pertuan Negara may, at any time after the requirements of subsection (3) of section 6 of this Ordinance have been complied with, by order, direct that the rights and powers of the Board under the principal Ordinance shall be vested in the Minister, and thereupon such rights and powers shall vest accordingly.

Any assets of the Fund which may come into the custody or control of the Minister after the date of the coming into operation of an order made under the provisions of subsection (2) of this section shall be deposited with and assigned to the Accountant-General.