THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.10 - THE NATIONAL GUARANTEE FUND

Division 3 - The National Guarantee Fund

SECTION 929   SEGC TO KEEP FUND  

929(1)  (Board to administer Fund)  

SEGC must keep the Fund and the Board must administer it on SEGC's behalf.

929(2)  (Property of Fund)  

The assets of the Fund are the property of SEGC, but shall be kept separate from all other property and shall be held in trust for the purposes set out in the Fund provisions.

929(3)  [Assets of previous Fund]  

The assets of the previous Fund immediately before the commencement of this Part are assets of the Fund kept under this Part.