25Contributions and levies for fidelity funds of futures organisations

25 Contributions and levies for fidelity funds of futures organisations

25 Contributions and levies for fidelity funds of futures organisations

(1) This section imposes—

(a) the contribution payable under section 1234 (1) of the Corporations Law of New South Wales by a person who wishes to be admitted to membership of a futures organisation, and

(b) the annual contribution payable under section 1234 (2) of that Law by a contributing member of a futures organisation, and

(c) any levy payable under section 1235 of that Law by a contributing member of a futures organisation.

(2) An expression has in subsection (1) the meaning it would have if this section were in Part 8.6 of the Corporations Law of New South Wales.