CORPORATIONS ACT 2001 - SECT 601EB Registration of managed investment scheme

CORPORATIONS ACT 2001 - SECT 601EB

  (1)   ASIC must register the scheme within 14 days of lodgment of the application, unless it appears to ASIC that:

  (c)   the application does not comply with section   601EA; or

  (d)   the proposed responsible entity does not meet the requirements of section   601FA; or

  (e)   the scheme's constitution does not meet the requirements of sections   601GA and 601GB; or

  (f)   the scheme's compliance plan does not meet the requirements of section   601HA; or

  (g)   the copy of the compliance plan lodged with the application is not signed as required by section   601HC; or

  (h)   arrangements are not in place that will satisfy the requirements of section   601HG in relation to audit of compliance with the plan.

  (2)   If ASIC registers the scheme, ASIC must give it an ARSN.

  (3)   ASIC must keep a record of the registration of the scheme.

  (4)   For the purpose of determining whether subsection   (1) is satisfied in relation to the scheme:

  (a)   references in Parts   5C.3, 5C.4 and 5C.5 to a registered scheme are taken to include a reference to the scheme; and

  (b)   references in those Parts to the responsible entity of a registered scheme are taken to include a reference to the proposed responsible entity of the scheme.