Commonwealth Numbered Regulations

1991 No. 218 CORPORATIONS REGULATIONS (AMENDMENT) - REG 5

  5.1   Subparagraph 7.12 04 (b) (iii):

After "person", insert ", or an associate of a person,".
  5.2   Paragraph 7.12.04 (b):
Add at the end:

"and (iv) except in the case of an agreement that has been entered into when
this provision commences, that provides, or will provide, for no more than 15
parties;".
  5.3   Subparagraph 7.12.04 (c) (i):
After "a person", insert ", or an associate of a person,".
  5.4   Paragraph 7.12.04 (c):
Add at the end:

"or (iii) except in the case of a trust that existed when this provision
commences, the deed of the trust or proposed trust provides or will provide
for more than 15 beneficiaries".