##### 104 Accounts of fund (1) A securities exchange shall establish and keep proper accounts of its fidelity fund and shall, before 31 August in each year, cause a balance sheet in respect of those accounts to be made out as at the preceding 30 June. (2) A securities exchange shall appoint a registered company auditor to audit the accounts of the fidelity fund. (3) The auditor appointed by a securities exchange shall audit the accounts of the fidelity fund and shall audit each balance sheet and cause a report on the accounts and balance sheet to be laid before the committee of the securities exchange not later than one month after the balance sheet is made out. (4) A securities exchange shall give to the Commission a copy of each report laid before the committee of the securities exchange under this section and of the balance sheet to which the report relates within 14 days after the report was so laid before the committee.

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