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CORPORATIONS ACT 2001

CHAPTER 5C - MANAGED INVESTMENT SCHEMES  

PART 5C.2 - THE RESPONSIBLE ENTITY  

Division 3 - Consequences of change of responsible entity  

SECTION 601FR  

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.

 



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