The crowdfunding service provider shall have in place a policy to determine how all of the following elements are considered in the decision on proceeding to any disbursement from the contingency fund to investors:
((a))
updated available fund balance;
((b))
the share of the loans that have defaulted in a given portfolio;
((c))
the interest rates and maturity of the loans that have defaulted in a given portfolio;
((d))
the procedure to be followed when considering whether to make a discretionary payment from the contingency fund;
((e))
the circumstances in which the contingency fund may be activated for the pay-out;
((f))
the criteria to be considered in the event of competing or simultaneous claims of investors on the same defaulted loans.