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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 899

Payment to the credit of the fidelity fund of a futures exchange or futures association

Where a body corporate that is a securities exchange, or that is related to a securities exchange, becomes a futures organisation for the purposes of Part 8.6:

(a)
the Minister may approve in writing, on such conditions (if any) as are specified in the approval:

(i)
the payment of an amount specified in the approval out of the fidelity fund kept under this Part by the body corporate, or by the securities exchange, as the case may be; and
(ii)
the payment of that amount to the credit of the fidelity fund established or to be established by the body corporate under that Part; and
(b)
if the Minister does so, that amount must, in accordance with the conditions (if any) so specified:

(i)
be paid out of the fidelity fund referred to in subparagraph (a)(i); and
(ii)
be paid to the credit of the fidelity fund referred to in subparagraph (a)(ii).


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