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CORPORATIONS ACT 2001

CHAPTER 5C - MANAGED INVESTMENT SCHEMES  

PART 5C.1 - REGISTRATION OF MANAGED INVESTMENT SCHEMES  

SECTION 601EE  UNREGISTERED SCHEMES MAY BE WOUND UP  

601EE(1)  [Unregistered schemes]  


If a person operates a managed investment scheme in contravention of subsection 601ED(5), the following may apply to the Court to have the scheme wound up:


(a) ASIC;


(b) the person operating the scheme;


(c) a member of the scheme.

601EE(2)  [Powers of Court]  


The Court may make any orders it considers appropriate for the winding up of the scheme.

 



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