Corporations Amendment (Asia Region Funds Passport) Act 2018 (61 of 2018)
Schedule 2 Amendments consequential on Chapter 8A
Australian Securities and Investments Commission Act 2001
6 After subsection 11(16)
Insert:
(16A) ASIC has the functions and powers of a home regulator or a host regulator for a passport fund under the Memorandum of Cooperation. However, ASIC is not under a duty to perform such functions or exercise such powers.
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