Corporations Act 2001
CHAPTER 5C
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MANAGED INVESTMENT SCHEMES
PART 5C.7
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RELATED PARTY TRANSACTIONS
SECTION 601LA
601LA
CHAPTER 2E APPLIES WITH MODIFICATIONS
Chapter 2E applies to a registered scheme with the modifications set out in sections 601LB to 601LE and as if: (a) references to a public company were instead references to the responsible entity of the scheme; and (b) references to a benefit being given to or received by a related party of a public company were instead references to a benefit being given to or received by the responsible entity or a related party; and (c) references to a resolution of a public company were instead references to a resolution of the members of the scheme; and (d) references to a general meeting were instead references to a members ' meeting of the scheme; and (e) references to members of a public company were instead references to members of the scheme; and (f) references to the company ' s best interests were instead references to the best interests of the scheme ' s members.
Modifying legislative instruments: The application of Ch 5C is affected by the following legislative instruments that commenced on or after 1 January 2022: ASIC Corporations (Asset Holding Standards for Responsible Entities) Instrument 2024/16.
CCH Note: Section 601LA is modified by the ASIC Corporations (Discretions for Setting the Issue Price and Withdrawal Price of Interests in Managed Investment Schemes) Instrument 2023/693; and the ASIC Corporations (Changing the Responsible Entity) Instrument 2023/681.
Chapter 2E applies to a registered scheme with the modifications set out in sections 601LB to 601LE and as if: (a) references to a public company were instead references to the responsible entity of the scheme; and (b) references to a benefit being given to or received by a related party of a public company were instead references to a benefit being given to or received by the responsible entity or a related party; and (c) references to a resolution of a public company were instead references to a resolution of the members of the scheme; and (d) references to a general meeting were instead references to a members ' meeting of the scheme; and (e) references to members of a public company were instead references to members of the scheme; and (f) references to the company ' s best interests were instead references to the best interests of the scheme ' s members.
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