Financial Services Reform Act 2001 (122 of 2001)
Schedule 2 Continuous disclosure
Corporations Act 2001
15 After section 111AF
Insert:
111AFA Managed investment products held by 100 or more persons
Managed investment products in a class of managed investment products issued by a body are ED securities if 100 or more people hold managed investment products in that class as a result of offers that gave rise to obligations to give Product Disclosure Statements (whether or not all in the same terms) under Chapter 7.
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