Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_701
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 701
Character Range: 381116–381761

701  Treatment of offers of interests in managed investment scheme

  This Chapter applies to offers of interests in managed investment schemes as if:
 (a) making the interests available were issuing the interests; and
 (b) the person making the interests available were the body whose securities were issued; and
 (c) the assets and liabilities, financial position and performance, profits and losses and prospects of the scheme were those of the body; and
 (d) a person who has the capacity to determine the outcome of decisions about the financial and operating policies governing the operation of the scheme were able to control the body.