Final answer:
Travel agents and travel wholesalers generally do not have claim rights on the Compensation Fund as it is designed for consumer protection and they are considered industry members. However, regulations vary, and in specific circumstances where they act as consumers, they might be able to claim. It is important to review the specific fund rules for eligibility.
Step-by-step explanation:
The question of whether travel agents and travel wholesalers (registrants) are entitled to make a claim on the Compensation Fund largely depends on the specific regulations governing the Compensation Fund in question. Generally speaking, Compensation Funds are established to provide a means of redress for consumers who have suffered a loss due to the failure of a registered travel service provider.
The rules regarding claims might differ based on the country and specific fund. In many cases, these funds are designed to protect consumers rather than industry members; thus, travel agents and travel wholesalers, as industry registrants, may not be entitled to make claims for their own losses. They may contribute to the fund as part of regulatory compliance requirements to ensure consumer protection.
To ascertain eligibility, it would be necessary to review the terms and conditions set by the authority managing the fund. Relevant legislation or regulation would outline who can make a claim, under what circumstances, and what documentation would be required.
If a travel agent or wholesaler has acted as a customer (for instance, if they purchased travel services for their own use from another provider who then became insolvent), there may be a situation where they could claim as a consumer, but this is not the usual practice for Compensation Fund claims.