THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.10 - THE NATIONAL GUARANTEE FUND

Division 3 - The National Guarantee Fund

SECTION 930   PROPERTY CONSTITUTING FUND  

930    The Fund shall consist of:

(a)  money and property that, immediately before the commencement of this Part, formed part of the previous Fund;

(b)  money paid into the Fund under subsection 985(1);

(c)  property that has vested in SEGC, and become part of the Fund by virtue of subsection 985(2);

(d)  money paid into the Fund under subsection 891(2);

(e)  money paid into the Fund under section 938 or 940;

(f)  the interest and profits from time to time accruing from the investment of the Fund and paid into the Fund under subsection 935(2);

(fa)  money paid into the Fund under subsection 930B(2);

(g)  money recovered by or on behalf of SEGC in the exercise of a right of action that SEGC has by virtue of the Fund provisions;

(h)  money paid by an insurer under a contract of insurance or indemnity entered into by SEGC under section 982;

(j)  money paid to SEGC for the purposes of a claim under Division 6, 6A or 6C; and

(k)  all other money or other property lawfully paid into, or forming part of, the Fund.


 

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