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

65   Subsection 169(8)

Repeal the subsection, substitute:

Joint holders

(8) For the purposes of this section, 2 or more persons who jointly hold shares in the company or interests in the scheme are taken to be a single member of the company or scheme in relation to those shares or interests. They may also be members of the company or scheme because of shares or interests that they hold in their own right or jointly with others.