National Environmental Management Act, 1998 (107 of 1998)
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter III : Preliminary ProvisionsFunctions of licensed exchange15. Maintenance of insurance, guarantee, compensation fund or other warranty |
| (1) | An exchange may impose a fee on any person involved in a transaction in listed securities affected through the exchange for the purpose of administering and maintaining the insurance, guarantee or compensation fund or other warranty contemplated in section 8(1)(h). |
| (2) | Any funds received or held by an exchange for purpose of maintaining the insurance, guarantee or compensation fund or other warranty contemplated in section 8(1)(h), are for all intents and purposes considered to be "trust property" as defined in the Financial Institutions (Protection of Funds) Act and that Act applies to those funds. |
