THE CORPORATIONS LAW

CHAPTER 6 - TAKEOVERS

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SECTION 604   CHAPTER EXTENDS TO LISTED MANAGED INVESTMENT SCHEMES  

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604(1)  [Interests in listed managed investment schemes]  

This Chapter applies to the acquisition of relevant interests in the interests in a listed managed investment scheme registered in this jurisdiction as if:

(a)  the scheme were a listed company; and

(b)  interests in the scheme were shares in the company; and

(c)  voting interests in the scheme were voting shares in the company; and

(d)  a meeting of the members of the scheme were a general meeting of the company; and

(e)  the obligations and powers that are imposed or conferred on the company were imposed or conferred on the responsible entity; and

(f)  the directors of the responsible entity were the directors of the company; and

(g)  the appointment of a responsible entity for the scheme were the election of a director of the company; and

(h)  the scheme's constitution were the company's constitution.

Note 1:

Paragraph (g): See subsection 610(2).

Note 2: Section 9 defines voting interest in a managed investment scheme.

604(2)  [Modification by regulation]  

The regulations may modify the operation of this Chapter as it applies in relation to the acquisition of interests in listed managed investment schemes.

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