s. 31A (a) where the applicant or licence holder is a S. 31(2)(a) corporation—$30 000; amended by No. 8960 s. 3(2)(a). (b) where the applicant or licence holder is a S. 31(2)(b) amended by person other than a corporation, who No. 8960 proposes to carry on or carries on the s. 3(2)(b). business of a commercial agent in partnership with another person—$9000; and (c) where the applicant or licence holder is a S. 31(2)(c) amended by person other than a corporation, who is not a No. 8960 person referred to in paragraph s. 3(2)(c). 000. 31A Value of trustee securities S. 31A inserted by No. 8960 (1) In determining the value of any trustee securities s. 4(1). for the purposes of this Act, the value shall be— (a) where the face value of the securities is not higher than the market value of the securities—the face value of the securities; (b) where the face value of the securities is higher than the market value of the securities—the market value of the securities. (2) Any interest accruing on trustee securities lodged as surety with the Treasurer shall, subject to this Act, be payable to the commercial agent who lodged the securities or to any other person nominated in writing by him. 31B Where value of trustee securities is reduced S. 31B inserted by additional securities to be lodged No. 8960 s. 4(1).
S. 31(2)(a) amended by No. 8960 s. 3(2)(a). (a) where the applicant or licence holder is a corporation—$30 000; S. 31(2)(b) amended by No. 8960 s. 3(2)(b). (b) where the applicant or licence holder is a person other than a corporation, who proposes to carry on or carries on the business of a commercial agent in partnership with another person—$9000; and S. 31(2)(c) amended by No. 8960 s. 3(2)(c). (c) where the applicant or licence holder is a person other than a corporation, who is not a person referred to in paragraph 000. S. 31A inserted by No. 8960 s. 4(1). 31A Value of trustee securities (1) In determining the value of any trustee securities for the purposes of this Act, the value shall be— (a) where the face value of the securities is not higher than the market value of the securities—the face value of the securities; (b) where the face value of the securities is higher than the market value of the securities—the market value of the securities. (2) Any interest accruing on trustee securities lodged as surety with the Treasurer shall, subject to this Act, be payable to the commercial agent who lodged the securities or to any other person nominated in writing by him. S. 31B inserted by No. 8960 s. 4(1). 31B Where value of trustee securities is reduced additional securities to be lodged s. 31A
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