Section 203 Investments and Securities Act
Section 203 of the Investments and Securities Act 2025 is about Money accruing to the investor protection fund. It is under Part XIV (Investor Protection Fund) of the Act. It provides as follows:
An investor protection fund shall consist of —
(a) all money paid to the board of trustees by dealing members of the exchange in respect of which an investor protection fund has been established as may be prescribed by the exchange;
(b) the interest and profits accruing from the investment of an investor protection fund;
(c) all money paid to an investor protection fund by the exchange in accordance with the provisions of this Part;
(d) all money recovered by or on behalf of the board of trustees in the exercise of any right of action conferred by this Part;
(e) all money paid by an insurer under any contract of insurance or indemnity entered into by a dealing member or the board of trustees;
(f) all money held by any investor protection fund or by whatever name so called, established by the exchange prior to the coming into effect of this Act; and
(g) all other money lawfully paid into an investor protection fund.
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