Corporations Amendment (Asia Region Funds Passport) Regulations 2018 (F2018L01144)

Schedule 1   Amendments to the Corporations Regulations 2001

Corporations Regulations 2001

36   Regulation 7.5A.70 (definition of representative capacity)

Repeal the definition, substitute:

representative capacity : an entity is a party to an OTC derivative transaction, or holds an OTC derivative position, in a representative capacity if the entity is such a party, or holds such a position, in a capacity as:

(a) the responsible entity of a registered scheme; or

(b) the operator of a notified foreign passport fund; or

(c) the responsible holding party for a notified foreign passport fund; or

(d) the trustee of a trust.