Cap on payments under s. 113
114 Cap on payments under s. 113
No agent or sales representative who has contributed to the Fidelity Account a sum of $150 or $45 respectively, and in respect of whom no claim has been made or sustained against the Fidelity Account, is liable to pay any further contribution under section 113 at any time while the amount standing to the credit of the Fidelity Account, including any investments thereof, and after deducting the amount of all unpaid claims and other liabilities outstanding against the Fidelity Account, exceeds $1 000 000, or such other amount as is prescribed.
[Section 114 amended: No. 74 of 1980 s. 11; No. 29 of 1982 s. 12; No. 59 of 1995 s. 42; No. 77 of 2006 Sch. 1 cl. 147(2).]
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