CORPORATIONS REGULATIONS 1990 (REPEALED)
CHAPTER 5C
-
MANAGED INVESTMENT SCHEMES
PART 5C.11
-
EXEMPTIONS AND MODIFICATIONS
Division 2
-
Modifications
REGULATION 5C.11.06
5C.11.06
LIABILITY OF RESPONSIBLE ENTITIES (CORPORATIONS LAW, S 601FB(4))
In determining the liability under subsection 601FB(2) of the Corporations Law of the responsible entity of a registered scheme to the members of the scheme for an act or omission of an agent appointed by the entity under that subsection, the amount recovered under subsection 601FB(4) of the Law is to be disregarded.
In determining the liability under subsection 601FB(2) of the Corporations Law of the responsible entity of a registered scheme to the members of the scheme for an act or omission of an agent appointed by the entity under that subsection, the amount recovered under subsection 601FB(4) of the Law is to be disregarded.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.