Document ID: chunk:federal_register_of_legislation:F2021C00656:body:0:p9
Version: federal_register_of_legislation:F2021C00656
Segment Type: other
Provision Reference: 
Character Range: 21712–24836

for investment; and
 (ii) during any switching period mentioned in subregulation 5.19C(7) of the Regulations.

12 Allowable non compliance period
       Despite any other provision of this Part, if an investment would (apart from this section) breach of any of subsections 9(6) to (11) (which deal with emerging companies investments) or subsection 11(10) (which deals with cash holdings in managed investment funds), the investment is taken not to breach the requirement during the period starting on the first day of the breach and ending at the earlier of:
(a) the day the breach is remedied; and
(b) the day that is 10 business days after the first day of the breach.
Note See subregulations 5.19C(7) and (8) of the Regulations for the allowable period during which funds may be transferred from one investment to another.
Notes
This compilation comprises Migration (IMMI 15/100: Complying Investments) Instrument 2015 amended as indicated in the following tables.
Table of instruments
Name                                                                                   Registration  Number       Commencement  Application, saving or transitional provisions
Migration (IMMI 15/100: Complying Investments) Instrument 2015 (IMMI 15/100)           30 June 2015  F2015L01012  1 July 2015   numbers, if any
Migration (Complying Investments) Amendment Instrument (LIN 21/041) 2021 (LIN 21/041)  30 June 2021  F2021L00917  1 July 2021   s 4A

Table of amendments
ad. = added or inserted      am. = amended      rep. = repealed      rs. = repealed and substituted
Provision affected                                                                                   How affected
Provision affected                                                                                   How affected
section 2..............                                                                              rep. Legislation Act 2003, s. 48D auto repeal of commencement provision
section 3..............                                                                              rs. LIN 21/041
section 4..............                                                                              am. LIN 21/041
section 4A ............                                                                              ad. LIN 21/041
section 5 .............                                                                              am. LIN 21/041
section 6 .............                                                                              rs. LIN 21/041
section 8 .............                                                                              am. LIN 21/041
section 9 .............                                                                              am. LIN 21/041
section 10 ............                                                                              am. LIN 21/041
section 11 ............                                                                              am. LIN 21/041
Part 3 ................                                                                              rep. LIN 21/041