Corporations Regulations 2001
CHAPTER 5C
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MANAGED INVESTMENT SCHEMES
PART 5C.11
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EXEMPTIONS AND MODIFICATIONS
Division 2
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Modifications
REGULATION 5C.11.06
5C.11.06
LIABILITY OF RESPONSIBLE ENTITIES (ACT s 601FB(4))
In determining the liability under subsection 601FB(2) of the Act of the responsible entity of a registered scheme to the members of the scheme for an act or omission of an agent appointed by the entity under that subsection, the amount recovered under subsection 601FB(4) of the Act is to be disregarded.
In determining the liability under subsection 601FB(2) of the Act of the responsible entity of a registered scheme to the members of the scheme for an act or omission of an agent appointed by the entity under that subsection, the amount recovered under subsection 601FB(4) of the Act is to be disregarded.
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