Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW
- SECT 896

Money constituting fidelity fund

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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