Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 1452

Division applies to prescribed interests in existence immediately before commencement
This Division applies to interests that, immediately before the commencement, were prescribed interests to which:

(a)
Division 5 of Part 7.12 of the old Law applied; or
(b)
that Division would have applied but for the operation of subparagraph 7.12.04(c)(ii) of the Corporations Regulations;

and that are interests in a managed investment scheme as defined in section 9 of the new Law. It also applies to the undertaking to which the interests relate and to the trustee or representative and the management company in relation to the interests.



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