Section 116 of the Principal Act is amended by omitting subsection (3) and substituting the following subsections:(3) The Trust may enter into an agreement for the compromise or settlement of against a Court fund whether or not the loss to which the claim relates has been ascertained.(a) any claim made; or(b) any right to make a claim (3A) The Trust may do all things necessary or convenient to enter into or perform an agreement under subsection (3) including entering into an agreement with a liquidator appointed in the circumstances referred to in section 108(2)(a)(iii) or a manager appointed under section 119(2)(b) .