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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 701

Treatment of offers of interests in managed investment scheme

This Chapter applies to offers of interests in managed investment schemes as if:

(a)
making the interests available were issuing the interests; and

(b)
the person making the interests available were the body whose securities were issued; and

(c)
the assets and liabilities, financial position and performance, profits and losses and prospects of the scheme were those of the body; and

(d)
a person who has the capacity to determine the outcome of decisions about the financial and operating policies governing the operation of the scheme were able to control the body.



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