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.
|
|
