Corporations Act 2001

CHAPTER 5C - MANAGED INVESTMENT SCHEMES  

PART 5C.2 - THE RESPONSIBLE ENTITY  

Division 3 - Consequences of change of responsible entity  

SECTION 601FR  

601FR   FORMER RESPONSIBLE ENTITY TO HAND OVER BOOKS AND PROVIDE REASONABLE ASSISTANCE  


If the responsible entity of a registered scheme changes, the former responsible entity must:

(a)    as soon as practicable give the new responsible entity any books in the former responsible entity ' s possession or control that this Act requires to be kept in relation to the scheme; and

(b)    give other reasonable assistance to the new responsible entity to facilitate the change of responsible entity.


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