107Contributions not payable in certain circumstances

107 Contributions not payable in certain circumstances Notwithstanding section 106(1) and (2), a licensed agent: (a) who has contributed to the Fund not less than 4 annual contributions in respect of himself or herself and in respect of each agent's representative employed by him or her; and (b) in respect of whom or in respect of a person in the employ of that agent or a partner of that agent no claim has been made and sustained or is pending against the moneys of the Fund, is not liable to pay any further annual contributions under section 106(1) or (2) at any time while the amount standing to the credit of the moneys of the Fund, including any investments of the moneys of the Fund, and after deducting the amount of all unpaid claims and other liabilities outstanding against the moneys of the Fund, exceeds 1 million monetary units or such other amount as

Agents Licensing Act 1979 74 the Administrator may determine.