Singapore legislation

Section 84

of Securities Industry Act

Section 84

Power of securities exchange to make advances to fund

(1)

A securities exchange may from time to time from its general funds give or advance on such terms as the committee thinks fit any sums of money to its fidelity fund.

(2)

Any moneys advanced under subsection (1) may from time to time be repaid from the fidelity fund to the general funds of the securities exchange.