Securities and Futures Act 2001 · 2020 Revised Edition · Part 11 · Investor Compensation Scheme
177. Moneys constituting fidelity fund
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The fidelity fund of an approved exchange consists of —
approved exchange
“approved exchange” means a corporation that is approved by the Authority under section 9(1)(a) as an approved exchange;
all moneys paid to the exchange by its members in accordance with this Part;
all moneys paid to the fund by the exchange;
all 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;
all moneys paid by an insurer pursuant to a contract of insurance or indemnity entered into by the exchange under section 194; and
all other moneys lawfully paid into the fund.