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
117 Paragraphs 770B(2)(a) and (b)
Repeal the paragraphs, substitute:
(a) unless paragraph (b) applies, the interests in a registered scheme constitute a kind of interest in the scheme; and
(b) if a particular scheme relates to a number of different undertakings in relation to interests - the interests in the scheme are taken to be divided into a number of kinds, with each kind consisting of the interests to which a particular one of those undertakings relates.