33 (1) The Association shall continue to maintain the Compensation Fund and shall continue to hold it in trust for the purposes of this section.  R.S.O. 1990, c. S.29, s. 33 (1). Composition of Fund (2) The Compensation Fund shall be made up of, (a)  all money paid by members of the Association under subsection (3); (b)  all money earned from the investment of money in the Fund; (c)  all money recovered under subsection (7); and (d)  all money contributed by any person.  R.S.O. 1990, c. S.29, s. 33 (2). Compensation Fund levy (3) Every member, other than those of a class exempted by the by-laws, shall pay to the Association for the Compensation Fund such sum as is prescribed from time to time by the by-laws.  R.S.O. 1990, c. S.29, s. 33 (3). Insurance (4) The Council may insure with any insurer licensed to carry on business in Ontario for such purposes and on such terms as the Council considers expedient in relation to the Compensation Fund, and, in such event, the money in the Fund may be used for the payment of premiums.  R.S.O. 1990, c. S.29, s. 33 (4). Grants (5) The Council in its absolute discretion may make grants from the Compensation Fund in order to relieve or mitigate loss sustained by any person in consequence of dishonesty or incompetence in the practice of professional surveying on the part of any member even if after the commission of the act of dishonesty or incompetence the member may have died or ceased to administer his or her affairs or to be a member.  R.S.O. 1990, c. S.29, s. 33 (5); 2009, c. 33, Sched. 22, s. 11 (46). Conditions of grants (6) No grant shall be made out of the Compensation Fund unless notice in writing of the loss is received by the Registrar within six months after the loss came to the knowledge of the person suffering the loss or within such further time, not exceeding eighteen months, as in any case may be allowed by the Council.  R.S.O. 1990, c. S.29, s. 33 (6). Subrogation (7) If a grant is made under this section, the Association is subrogated to the amount of the grant to any rights or remedies to which the person receiving the grant was entitled on account of the loss in respect of which the grant was made against the member or any other person, or, in the event of the death or insolvency or other disability of the member or other person, against the personal representative or other person administering the member’s or other person’s estate.  R.S.O. 1990, c. S.29, s. 33 (7). Grantees’ rights conditionally limited (8) A person to whom a grant is made under this section, or, in the event of the person’s death or insolvency or other disability, the personal representative or other person administering the person’s estate, has no right to receive anything from the member or the member’s estate in respect of the loss in respect of which the grant was made until the Association has been reimbursed the full amount of the grant.  R.S.O. 1990, c. S.29, s. 33 (8). Reimbursement from bankrupt’s estate (9) Where a grant has been made under this section and the member has been declared a bankrupt, the Association is entitled to prove against the bankrupt’s estate for the full amount of the claim of the person to whom the grant was made and to receive all dividends on such amount until the Association has been reimbursed the full amount of the grant.  R.S.O. 1990, c. S.29, s. 33 (9). Delegation of powers to committee or referee or both (10) The Council may delegate any of the powers conferred upon it by this section to a committee of the Council and, whether or not the Council has made any such delegation, it may appoint any member as a referee and delegate to the member any of the powers conferred upon it by this section that are not delegated to a committee.  R.S.O. 1990, c. S.29, s. 33 (10). Reports (11) Where the Council has delegated any of its powers under this section to a committee or to a referee, the committee or referee, as the case may be, shall report as required to the Council.  R.S.O. 1990, c. S.29, s. 33 (11). Costs of administration (12) There may be paid out of the Compensation Fund the costs of its administration, including the costs of investigations and hearings and all other costs, salaries and expenses necessarily incidental to the administration of the Fund.  R.S.O. 1990, c. S.29, s. 33 (12). Other purposes (13) Surplus money in the Compensation Fund may be applied for such other purposes as are specified by the Council and approved by the Lieutenant Governor in Council.  R.S.O. 1990, c. S.29, s. 33 (13). Section Amendments with date in force (d/m/y) 2009, c. 33, Sched. 22, s. 11 (46) - 15/12/2009