Singapore legislation
Clause 61
Clause 61
Moneys constituting fidelity fund
The fidelity fund of a stock exchange shall consist of —
(a)
all moneys paid to the stock exchange by stockbrokers in accordance with the provisions of this Part;
(b)
the interest on moneys invested by the stock exchange under section 55;
(c)
the interest and profits from time to time accruing from the investment of the fund;
(d)
all moneys paid to the fund by the stock exchange;
(e)
all moneys recovered by or on behalf of the stock exchange in the exercise of any right of action conferred by this Part;
(f)
all moneys paid by an insurer pursuant to a contract of insurance or indemnity entered into by the committee of the stock exchange under section 81; and
(g)
all other moneys lawfully paid into the fund.