Document ID: chunk:federal_register_of_legislation:F2023L01223:body:0:p4
Version: federal_register_of_legislation:F2023L01223
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Character Range: 7563–8777

address of the non-resident is situated;
              (ii) the number and the value of the shares that may be issued to non-residents in the relevant place;
              (iii) the cost of complying with legal requirements and the requirements of any relevant regulatory authority applicable to making the offer in the relevant place.

8 Acquiring forfeited interests
A responsible entity of a registered scheme does not have to comply with paragraph 601FG(1)(a) of the Act to the extent that it would prevent the responsible entity from acquiring interests on trust for the members of the scheme on forfeiture of the interests where the constitution requires that any sale of the interests be in accordance with the requirements in:
           (a) subsection 601GAA(8) of the Act, as notionally in force because of ASIC Corporations (Managed investment product consideration) Instrument 2015/847; or
           (b) subsection 601GAD(9) of the Act, as notionally in force because of ASIC Corporations (Discretions for Setting the Issue Price and Withdrawal Price of Interests in Managed Investment Schemes) Instrument 2023/693.

Part 3—Repeal

9 Repeal
This instrument is repealed at the start of 1 October 2028.