49B. Moneys constituting fidelity fund
Feedback & supportLast amended by an amending law of 1995.
The fidelity fund of a Futures Exchange shall consist of —
Futures Exchange
“Exchange” or “Futures Exchange” means —(a)the Singapore International Monetary Exchange Ltd.; or(b)a body corporate —(i)that provides or proposes to provide the physical facilities necessary for trading in futures contracts; and(ii)that maintains or proposes to maintain a futures market that is approved by the Authority under section 4;
all moneys paid to the fund by the Exchange;
Exchange
“Exchange” or “Futures Exchange” means —(a)the Singapore International Monetary Exchange Ltd.; or(b)a body corporate —(i)that provides or proposes to provide the physical facilities necessary for trading in futures contracts; and(ii)that maintains or proposes to maintain a futures market that is approved by the Authority under section 4;
the interest and profits from time to time accruing from the investment of the fund;
all moneys recovered by or on behalf of the Exchange in the exercise of any right of action conferred by this Part; and
all other moneys lawfully paid into the fund.