Section 210 Investments and Securities Act

Section 210 of the Investments and Securities Act 2025 is about Levy to meet liabilities. It is under Part XIV (Investor Protection Fund) of the Act. It provides as follows:

(1) Where 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 exchange on the recommendation of the board of trustees may impose on any or every dealing member firm a levy of such amount as it deems fit to meet the deficiency.

(2) 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.