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CORPORATIONS ACT 2001 - SECT 601FR Former responsible entity to hand over books and provide reasonable assistance

CORPORATIONS ACT 2001 - SECT 601FR

Former responsible entity to hand over books and provide reasonable assistance

    If the responsible entity of a registered scheme changes, the former responsible entity must:

  (a)   as soon as practicable give the new responsible entity any books in the former responsible entity's possession or control that this Act requires to be kept in relation to the scheme; and

  (b)   give other reasonable assistance to the new responsible entity to facilitate the change of responsible entity.