Document ID: chunk:federal_register_of_legislation:C2004A02877:body:0:p8
Version: federal_register_of_legislation:C2004A02877
Segment Type: other
Provision Reference: 
Character Range: 17643–20286

the provisions of the law of that State or Territory that correspond with this section.".

Contributions to fund
15. Section 106 of the Principal Act is amended—
     (a) by adding at the end of sub-section (1) "in relation to that person or in relation to a class of persons in which that person is included"; and
     (b) by adding at the end of sub-section (2) "in relation to that person or in relation to a class of persons in which that person is included".

Provisions where fund exceeds $2,000,000
16. Section 107 of the Principal Act is amended—
     (a) by omitting sub-section (1) and substituting the following sub-sections:
    "(1) In this section, 'relevant person', in relation to a stock exchange, means a member of the stock exchange—
         (a) who has made 20 or more annual contributions to the fidelity fund of the stock exchange; and
         (b) in respect of whom a payment from the fund has not been made or, if such a payment has been made, has been repaid to the fund.

    "(1a) Where the amount in a fidelity fund of a stock exchange exceeds $2,000,000 or such lesser amount as is prescribed, a relevant person is not, subject to this section, required to make further annual contributions to the fund.
    "(1b) Where the amount in a fidelity fund of a stock exchange exceeds $2,000,000 or such lesser amount as is prescribed, the following paragraphs apply in relation to relevant persons who are natural persons:
         (a) on the retirement from business of such a relevant person, the committee may, in its discretion, pay to him an amount determined in accordance with sub-section (1d);
         (b) on the death of such a relevant person without any payment having been made to him under paragraph (a), the committee may, in its discretion, pay an amount determined in accordance with sub-section (1d) to his personal representative or to any person who was wholly or partly dependent on him at the time of his death.
    "(1c) Where the amount in a fidelity fund of a stock exchange exceeds $2,000,000 or such lesser amount as is prescribed, the committee may, in its discretion, pay to a relevant person, being a body corporate, that ceases to be a member of the stock exchange an amount determined in accordance with sub-section (1d).
    "(1d) The amount that may, under sub-section (1b) or (1c), be paid out of a fidelity fund to or in respect of a relevant person is the total amount of the annual contributions made by the relevant person to the fund or such proportion of those contributions as is for the time being determined by the committee either generally or in relation to the particular