Federal Register of Legislation - Australian Government

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ASIC Class Order [CO 98/50]

Authoritative Version
CO 98/50 Orders/ASIC Class Orders as made
This Class Order modifies section 601HB of the Corporations Law so that a compliance plan for a managed investment scheme can incorporate parts of a previously lodged compliance plan for a different managed investment scheme as that first plan is amended from time to time.
Administered by: Treasury
General Comments: This Class Order was originally made under subsection 601QA(1)(b) of the Corporations Law and is continued in force under section 1399 of the Corporations Act 2001.
Registered 05 Mar 2008
Gazetted 04 Aug 1998
Date of repeal 05 Jul 2017
Repealed by ASIC Corporations (Amendment and Repeal) Instrument 2017/545

Australian Securities and Investments Commission

Corporations Law Paragraph 601QA(1)(b) Declaration

 

Pursuant to paragraph 601QA(1)(b) of the Corporations Law ("the Law") the Australian Securities and Investments Commission hereby declares that Chapter 5C of the Law applies to a responsible entity of a registered scheme in the case specified in the schedule as if

 

(a)             in subsection 601HB(1) of the Law the words, "or from time to time"; and

 

(b)             in subsection 601HB(2) of the Law the words, "or from time to time as the case may be"

 

were added after the words "specified time".

 

Schedule

 

The compliance plan for the registered scheme (excluding any part incorporated by reference under section 601HB) contains a statement to the effect that the responsible entity will review the appropriateness of the compliance plan when any amendment is made to a part of a compliance plan that is incorporated by reference in it.

 

 

Dated 13th day of July 1998

 

 

 

Signed by George Durbridge

as delegate of the Australian Securities and Investments Commission