Clause 75
Establishment of fidelity funds
BillNot in forceProvision 70 of 100
Clause 75
(1)
A securities exchange shall establish and keep a fidelity fund which shall be administered by the committee on behalf of the securities exchange.
(2)
The assets of a fidelity fund shall be the property of the securities exchange but shall be kept separate from all other property and shall be held in trust for the purposes set out in this Part.