What is an investment body?

Investment bodies are required to report to us on their investors' investment income.

Investment bodies include:

• approved deposit taking institutions
• financial institutions, including: 
  • banks
  • credit unions
  • building societies
   
• public companies (including cooperative companies)
• solicitors
• government bodies
• bodies corporate
• trustee companies
• betting investment bodies
• unit trusts, including:
  • cash management trusts
  • pooled superannuation trusts
  • mortgage trusts
  • property trusts
  • share trusts
  • equity trusts
  • growth trusts
  • imputation trusts
  • balanced trusts
  • money market trusts
  • equities trusts
  • managed investment schemes
  • managed funds
  • bond funds
  • growth funds
  • income funds
  • share funds.
   

The following are not unit trusts:

• testamentary trusts
• discretionary trusts
• service trusts
• family trusts.

See also:

• Interposed entities