38.
(1) There shall be established a fund called the Compensation Fund, for the purpose of granting compensation to any investor who suffers pecuniary loss resulting from the failure of a licensed stock broker or licensed stock dealer to meet his contractual obligations. |
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(2) The Compensation Fund shall consist of such sums of moneys as may be voted upon by Parliament for the purpose of the Fund. |
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(3) Moneys belonging to the Compensation Fund may be invested by the Council in such manner as may be determined by the Council. |
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