106Contributions to fund

##### 106 Contributions to fund (1) A person shall not be admitted to membership of a securities exchange or to a partnership in a member firm recognized by a securities exchange unless he has paid to the securities exchange, as a contribution to its fidelity fund, such amount, being not less than $500, as is determined by the securities exchange in relation to that person or in relation to a class of persons in which that person is included. (2) A person who is a member of a securities exchange shall, on or before 31 March in each year, pay to the securities exchange as a contribution to its fidelity fund, such amount, being not less than $100, as is determined by the securities exchange in relation to that person or in relation to a class of persons in which that person is included.