Corporations Amendment Regulations 2002 (No. 3) (41 of 2002)
Schedule 1 Amendments commencing at 12.02 am (in the Australian Capital Territory) on 11 March 2002
[24] Paragraph 7.6.01 (1) (c)
substitute
(c) dealing in a financial product by a person in the capacity of the trustee of a pooled superannuation trust in the following circumstances:
(i) the pooled superannuation trust is used for investment of the assets of a regulated superannuation fund;
(ii) the regulated superannuation fund has net assets of at least $5 million, but less than $10 million, on the date that it first invests in the pooled superannuation trust (whether that date is before or after the FSR commencement);
(iii) the trustee has a reasonable expectation that the net assets of the regulated superannuation fund will equal or exceed $10 million not later than 3 months of the date on which it first invests in the pooled superannuation trust (whether that date is before or after the FSR commencement);
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