Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 910

Notice calling for claims against fund
910. (1) A securities exchange may publish, in each State and Territory, in a
daily newspaper circulating generally in the State or Territory, a notice in
the prescribed form specifying a date, not being earlier than 3 months after
the publication of the notice, on or before which claims for compensation from
the fidelity fund, in relation to the person specified in the notice, may be
made.

(2) A claim for compensation from a fidelity fund of a securities exchange in
respect of a pecuniary loss shall be made in writing to the securities
exchange: (a) where a notice under subsection (1) has been published, on or
before the date specified in the notice; or

   (b)  where no such notice has been published, within 6 months after the
        claimant became aware of the pecuniary loss; and a claim that is not
        so made is barred unless the securities exchange otherwise determines.

(3) A securities exchange, a member of a board of a securities exchange or a
member or employee of a securities exchange has qualified privilege in respect
of the publication of a notice under subsection (1).

(4) A notice duly published by a securities exchange before the commencement
of this Part under a law corresponding to subsection (1) shall be deemed to
have been duly published under that subsection. 


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