CORPORATIONS REGULATIONS 2001 - REG 10.2.124 When a managed investment scheme must be registered

CORPORATIONS REGULATIONS 2001 - REG 10.2.124

    For section   1444 of the Act, subsection   601ED(2) of the Act applies in relation to a managed investment scheme as if issues of interests that:

  (a)   were made before the issue of the interest was covered by Division   2 of Part   7.9 of the Act; and

  (b)   were:

  (i)   issues made after 12   March 2000 that would not have needed disclosure to investors under Part   6D.2 of the old Corporations Act if the scheme were registered; or

  (ii)   issues mentioned in section   1477 of the Corporations Law as in force on 14   July 2001 and as continued by section   1408 of the Act;

were issues in relation to which a Product Disclosure Statement is not required to be given under Division   2 of Part   7.9.