CORPORATIONS ACT 2001
| CHAPTER 5C - MANAGED INVESTMENT SCHEMES |
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| PART 5C.1 - REGISTRATION OF MANAGED INVESTMENT SCHEMES |
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SECTION 601EE UNREGISTERED SCHEMES MAY BE WOUND UP |
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601EE(1) [Unregistered schemes] |
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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] |
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The Court may make any orders it considers appropriate for the winding up of the scheme.
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