s 109

Moneys to be credited to account

In force

There shall be credited to the Fidelity Account —

(a)

all sums paid to the credit of the Fidelity Account by agents and sales representatives by way of contribution or levy, in accordance with this Act; and

(b)

income derived from the investment, under section 108, of moneys standing to the credit of the Fidelity Account; and

(c)

all moneys transferred to the Fidelity Account under section 127(b); and

(d)

all money recovered by or on behalf of the State for the benefit of the Fidelity Account in the exercise of any right of action conferred by this Act or the Fair Trading Act 2010; and

(e)

any other money that may be lawfully credited to the Fidelity Account.

[Section 109 amended: No. 29 of 1982 s. 5 and 12; No. 59 of 1995 s. 23 and 42; No. 77 of 2006 Sch. 1 cl. 147(2); No. 58 of 2010 s. 103.]

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