Managed Investments Act 1998 (62 of 1998)

Schedule 2  

Part 1   Amendment of the Corporations Law set out in section 82 of the Corporations Act 1989

57   Before section 168

Insert in Chapter 2C:

167A Who is covered by this Chapter

(1) This Chapter covers:

(a) all companies; and

(b) all registered schemes.

(2) A registered scheme's responsible entity:

(a) must perform the obligations imposed under this Chapter in respect of the scheme; and

(b) may exercise the powers given by this Chapter in respect of the scheme.