Financial Services Reform Act 2001 (122 of 2001)

Schedule 2   Continuous disclosure

Corporations Act 2001

15   After section 111AF

Insert:

111AFA Managed investment products held by 100 or more persons

Managed investment products in a class of managed investment products issued by a body are ED securities if 100 or more people hold managed investment products in that class as a result of offers that gave rise to obligations to give Product Disclosure Statements (whether or not all in the same terms) under Chapter 7.