Section 209: Levy to meet liabilities.

(1) If at any time the amount available in an investor protection fund is not sufficient to satisfy the liabilities which are ascertained against any dealing member firm, the securities exchange or capital trade point on the recommendation of the board of trustees may impose on any or every dealing member firm a levy of such amount as it thinks fit to meet the deficiency.
(2) Where the amount available in the investor protection fund is insufficient to pay the whole amount of all claims against it which have been allowed or in respect of which orders have been made, then the amount at the credit of the investor protection fund shall, be apportioned between the claimants in such manner as the board of trustees thinks equitable, and any such claim so far as it then remains unpaid shall be charged against future receipts of the investor protection fund and paid out of its funds when monies are available therein.
(3) The amount of such levy shall be paid within the time and in the manner specified by the board of trustees either generally or in relation to any particular case.