THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.9 - FIDELITY FUNDS

SECTION 896   MONEY CONSTITUTING FIDELITY FUND  

896    The fidelity fund of a securities exchange shall consist of:

(a)  in the case of a fidelity fund established after the commencement of this Part, any amount that is paid to the credit of the fund by the securities exchange on the establishment of the fund;

(b)  contributions that members pay to the securities exchange under section 902;

(ba)  money paid into the fidelity fund under section 904;

(c)  the interest on money invested by the securities exchange under Part 7.8;

(d)  the interest and profits from time to time accruing from the investment of the fidelity fund;

(e)  money paid into the fidelity fund by the securities exchange;

(f)  money recovered by or on behalf of the securities exchange in the exercise of a right of action conferred by this Part;

(g)  money paid by an insurer under a contract of insurance or indemnity entered into by the securities exchange under section 917; and

(h)  any other money lawfully paid into the fund.


 

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