Corporations Amendment (Asia Region Funds Passport) Act 2018 (61 of 2018)

Schedule 2   Amendments consequential on Chapter 8A

Corporations Act 2001

127   Subsections 346A(1) and (2)

Repeal the subsections, substitute:

(1) ASIC must, within 2 weeks after each review date for a company, registered scheme or notified foreign passport fund, give to the company, responsible entity of the scheme or operator of the fund an extract of particulars for the company, scheme or fund.

(1A) Subsection (2) applies if an agreement or approval under subsection 352(1) covers the lodgment of a response to an extract of particulars for a company, registered scheme or notified foreign passport fund.

(2) ASIC may satisfy subsection (1) by making the extract of particulars available by electronic means to:

(a) the company, the responsible entity of the scheme or the operator of the fund; or

(b) an agent of the company, the responsible entity or the operator.