Treasury Laws Amendment (ALRC Financial Services Interim Report) Regulations 2023 (F2023L01458)

Schedule 1   Main amendments

Part 3   Terms relating to managed investment schemes

Corporations Regulations 2001

79   Paragraph 7.9.64(1)(e)

Repeal the paragraph, substitute:

(e) a managed investment product if, at the time the product is issued, the managed investment scheme to which the product relates is not liquid (or if the scheme is not a registered scheme at that time, would not be liquid if the scheme was a registered scheme at that time);