CORPORATIONS ACT 2001
(a) the scheme does not have a responsible entity that meets the requirements of section 601FA ; or
(b) the scheme does not have a constitution that meets the requirements of sections 601GA and 601GB ; or
(c) the scheme does not have a compliance plan that meets the requirements of section 601HA ; or
(d) the scheme's property is not being:
(i) clearly identified as the scheme's property; and
in accordance with the scheme's compliance plan; or
(ii) held separately from property of the responsible entity and property of any other scheme;
(e) the following conditions are satisfied:
(i) the response to a return of particulars given to the responsible entity of the scheme is at least 6 months late; and
(ii) no other documents have been lodged by or on behalf of the scheme in the last 18 months; and
(iii) ASIC has no reason to believe that the scheme is being operated; or
(ea) the scheme's review fee in respect of a review date has not been paid in full at least 12 months after the due date for payment; or
(f) the scheme has been wound up.
(a) to the scheme's responsible entity; and
(b) to any other person who is winding up the scheme; and
(c) on the national database; and
(d) in the Gazette .
If the notice is given under paragraph (1)(a), (b), (c) or (d), the notice must specify the period at the end of which ASIC proposes to deregister the scheme.601PB(3) [ ASIC may deregister]
(a) if paragraph (1)(a), (b), (c) or (d) applies - at the end of the period set out in the Gazette notice; or
(b) if paragraph (1)(e) or (f) applies - when 2 months have passed since the Gazette notice. 601PB(4) [ Notice not required]
ASIC does not have to give a person notice under subsection (2) if ASIC does not have the necessary information about the person's address.601PB(5) [ Notice required]
ASIC must give notice of the deregistration to everyone who was notified of the proposed deregistration under paragraph (2)(a) or (b).