THE CORPORATIONS LAW

CHAPTER 5C - MANAGED INVESTMENT SCHEMES

PART 5C.2 - THE RESPONSIBLE ENTITY

Division 3 - Consequences of change of responsible entity

SECTION 601FR   FORMER RESPONSIBLE ENTITY TO HAND OVER BOOKS AND PROVIDE REASONABLE ASSISTANCE  

601FR     If the responsible entity of a registered scheme changes, the former responsible entity must:

(a)  as soon as practicable give the new responsible entity any books in the former responsible entity's possession or control that this Law requires to be kept in relation to the scheme; and

(b)  give other reasonable assistance to the new responsible entity to facilitate the change of responsible entity.


 

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