If so, there are things you need to know before investing your money or setting up your scheme.
Many agricultural investments involve pooling money from numerous people.
Some of these schemes may qualify as prescribed interests. Managed investment schemes are sometimes called pooled or collective investments. If an investment scheme brings together a group of people who expect to earn a profit from the efforts of a manager or third party, it is a managed investment scheme. ASIC administers this Act. This Information Sheet is about agricultural schemes.