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

Schedule 2 Amendments consequential on Chapter 8A

Add:

Application to notified foreign passport funds

(4) For the purposes of applying this Chapter to a notified foreign passport fund:

(a) the operator of the fund is responsible for the performance of obligations in respect of the fund; and

(b) the debts incurred in operating the fund are taken to be the debts of the fund.