The Division shall adopt any regulations necessary to carry out the provisions of NRS 90.701 to 90.709 , inclusive, including, without limitation, regulations: 1. Establishing eligibility requirements for an award of compensation from the Fund. 2. Establishing a form and procedure for applying for an award of compensation from the Fund. The form must include, without limitation, an indication of the amount of money the applicant has received or is likely to receive as restitution for the financial harm suffered as a result of the commission of a violation of this chapter or a regulation or order of the Administrator under this chapter, pursuant to NRS 90.640 . 3. Establishing the order of priority in which the Administrator or his or her designee must: (a) Review applications submitted pursuant to NRS 90.703 ; and (b) Award compensation to an applicant, if applicable. 4. Prescribing standards for the amount of compensation the Administrator or his or her designee may award from the Fund. Such standards must include, without limitation, a requirement that such compensation must not exceed the lesser of $25,000 or an amount equal to 25 percent of the amount of unpaid restitution awarded by a court. 5. Establishing a procedure to appeal a determination made by the Administrator or his or her designee pursuant to NRS 90.703 .
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