INVESTMENTS AND SECURITIES ACT
Section 202: Monies constituting the investor protection.
An investor protection fund shall consist of:(a) all monies paid to the board of trustees by dealing members of the securities exchange or capital trade point in respect of which an investor protection fund has been established as may be prescribed by the securities exchange or capital trade point from time to time;
(b) the interest and profits, from time to time, accruing from the investment of an investor protection fund;
(c) all monies paid to an investor protection fund by a securities exchange or capital trade point in accordance with the provisions of this part of this Act;
(d) all monies recovered by or on behalf of the board of trustees in the exercise of any right of action conferred by this part of this Act;
(e) all monies paid by an insurer pursuant to any contract of insurance or indemnity entered into by a dealing member or the board of trustees;
(f) all monies held by any investor protection fund or by whatever name so called, established by a securities exchange or capital trade point prior to the coming into force of this Act; and
(g) all other monies lawfully paid into an investor protection fund.
Cite this section
Section 202, INVESTMENTS AND SECURITIES ACT (2007).
https://repo.podus.ai/laws/investments-and-securities-act/section/202/