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
171 At the end of section 1317HD
Add:
(3) If the responsible entity for a registered scheme is liable under subsection (1), it must transfer the amount for which it is liable to scheme property. If anyone else is liable, the responsible entity may recover the debt on behalf of the scheme.
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