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

Schedule 2   Amendments consequential on Chapter 8A

Corporations Act 2001

164   Subsection 670B(1) (after table item 9)

Insert:

9A

if a notified foreign passport fund is giving the notice, a director of the operator of the fund unless the director proves that they:

(a) were not present when the directors resolved to give the notice; or

(b) voted against the resolution

any contravention of subsection 670A(1) in relation to the document

See also items 10 and 11.