Corporate Collective Investment Vehicle Framework and Other Measures Act 2022 (8 of 2022)
Schedule 2 Corporate collective investment vehicles: other amendments of the Corporations Act 2001
Corporations Act 2001
170 Subsection 1212(1)
Repeal the subsection, substitute:
(1) A person may lodge an application with ASIC to have a scheme or sub-fund in an item in column 1 of the following table (a collective investment fund ) registered as a passport fund if the person is the entity mentioned in the corresponding item in column 2 of the table (the proposed operator of the fund).
|
Who may apply to be a passport fund |
||
|---|---|---|
|
Item |
Column 1
|
Column 2
|
|
1 |
a managed investment scheme that is a registered scheme |
the responsible entity of the scheme |
|
2 |
a managed investment scheme in respect of which an application for registration under section 601EB has been made |
the proposed responsible entity of the scheme |
|
3 |
a sub-fund of a retail CCIV |
the corporate director of the CCIV |