(1) In this section -

'Act of 1964' means the Insurance Act 1964;

'Act of 2024' means the Motor Insurance Insolvency Compensation Act 2024;

'Compensation Body' has the meaning assigned to it by the Act of 2024;

'personal data' has the meaning assigned to it by the Act of 2024;

'processing' has the meaning assigned to it by Part 4 of the Act of 2024.

(2) The Agency shall perform the following functions conferred on it in respect of the Insurance Compensation Fund:

(a) the application by it under section 3B(1)(a) of the Act of 1964 to the High Court for approvals under section 3 of that Act;

(b) the assessment and verification by it of information provided to it under section 3A(1A)(a) or 3B(1A)(a), as the case may be, of the Act of 1964;