Document ID: chunk:federal_register_of_legislation:F2016L01183:reg:5
Version: federal_register_of_legislation:F2016L01183
Segment Type: reg
Provision Reference: reg 5
Character Range: 1009–1605

5  Section 981B modification - common funds that are registered schemes
(1) Part 7.8 of the Act applies in relation to an Australian financial services licensee as if section 981B were modified or varied by, after subparagraph 981B(1)(a)(i) inserting:
           "(ia) with a licensed trustee company and relates to a common fund that is a registered scheme and which only invests in one or more of the following and only to the extent authorised by the constitution of the scheme:
                  (A)        fixed interest securities;
                  (B)         negotiable instruments; or".