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CORPORATIONS ACT 2001

CHAPTER 6 - TAKEOVERS  

SECTION 604  CHAPTER EXTENDS TO LISTED MANAGED INVESTMENT SCHEMES  

604(1)  [Interests in listed managed investment schemes]  


This Chapter applies to the acquisition of relevant interests in the interests in a registered scheme that is also listed as if:


(a) the scheme were a listed company; and


(b) interests in the scheme were shares in the company; and


(c) voting interests in the scheme were voting shares in the company; and


(d) a meeting of the members of the scheme were a general meeting of the company; and


(e) the obligations and powers that are imposed or conferred on the company were imposed or conferred on the responsible entity; and


(f) the directors of the responsible entity were the directors of the company; and


(g) the appointment of a responsible entity for the scheme were the election of a director of the company; and


(h) the scheme's constitution were the company's constitution.

Note 1: Paragraph (g): See subsection 610(2).

Note 2: Section 9 defines voting interest in a managed investment scheme.

604(2)  [Modification by regulations]  


The regulations may modify the operation of this Chapter as it applies in relation to the acquisition of interests in listed managed investment schemes.

 



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