THE CORPORATIONS LAW

CHAPTER 5C - MANAGED INVESTMENT SCHEMES

PART 5C.7 - RELATED PARTY TRANSACTIONS

SECTION 601LA   CHAPTER 2E APPLIES WITH MODIFICATIONS  

601LA     Chapter 2E applies to a registered scheme with the modifications set out in sections 601LB to 601LE and as if:

(a)  references to a public company were instead references to the responsible entity of the scheme; and

(b)  references to a benefit being given to or received by a related party of a public company were instead references to a benefit being given to or received by the responsible entity or a related party; and

(c)  references to a resolution of a public company were instead references to a resolution of the members of the scheme; and

(d)  references to a general meeting were instead references to a members' meeting of the scheme; and

(e)  references to members of a public company were instead references to members of the scheme; and

(f)  references to the company's best interests were instead references to the best interests of the scheme's members.


 

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