Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 601EE

Unregistered schemes may be wound up
(1)
If a person operates a managed investment scheme in contravention of subsection 601ED(5), the following may apply to the Court to have the scheme wound up:

(a)
ASIC
(b)
the person operating the scheme
(c)
a member of the scheme.
(2)
The Court may make any orders it considers appropriate for the winding up of the scheme.



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