Section 216: Form of order of the Tribunal.

(1) Where, in any proceedings brought before the Tribunal to establish a claim, the Tribunal is satisfied that the claimant has a valid claim, the Tribunal shall by order:
(a) declare the fact and the date of the defalcation or other loss suffered by a claimant;
(b) the claim payable; and
(c) direct that the investor protection fund concerned settles the claim so declared and deal with the same in accordance with the provisions of this part of this Act.
(2) The Tribunal may make rules of practice and procedure generally for proceedings under this part of this Act.
(3) In any proceedings under this part of this Act all questions of costs shall be at the discretion of the Tribunal.