ASIC Corporations (Managed investment product consideration) Instrument 2015/847 (Cth)

ASIC Corporations (Managed investment product consideration) Instrument 2015/847

About this compilation

Compilation No. 5

This is a compilation of ASIC Corporations (Managed investment product consideration) Instrument 2015/847 as in force on 12 September 2023. It includes any commenced amendment affecting the legislative instrument to that date.

This compilation was prepared by the Australian Securities and Investments Commission.

The notes at the end of this compilation (the endnotes) include information about amending instruments and the amendment history of each amended provision.

Contents

Part 1—Preliminary 1 Name of legislative instrument 3 Authority 4 Definitions Part 2—Declarations 5 Amount of consideration to acquire interest 6 Statements to be included in Product Disclosure Statement Part 3—Exemption 7 Equality of treatment Part 4—Application 8 Application Endnotes Endnote 1—Instrument history Endnote 2—Amendment history

Part 1—Preliminary

1 Name of legislative instrument This instrument is the ASIC Corporations (Managed investment product consideration) Instrument 2015/847.

3 Authority This instrument is made under subsections 601QA(1) and 1020F(1) of the Corporations Act 2001 (the Act).

4 Definitions In this instrument:

wholesale client has the meaning given by section 761G of the Act.

Part 2—Declarations

5 Amount of consideration to acquire interest Chapter 5C of the Act applies to a responsible entity (except a responsible entity of a time-sharing scheme) as if provisions of that Chapter were modified or varied as follows: (a) in section 601GA: (i) in paragraph (1)(a) before "the" (first occurring), insert "except as provided by sections 601GAA and 601GAB,"; and (ii) in subsection (4) omit "must:", substitute "must, subject to section 601GAC:"; and (b) after section 601GA insert: