Document ID: chunk:federal_register_of_legislation:F2022C01200:body:0:p2
Version: federal_register_of_legislation:F2022C01200
Segment Type: other
Provision Reference: 
Character Range: 3118–5814

under a law that is in force in, or in a part of, an eligible foreign country;
(b) the reconstruction relates to a registered scheme and is between the responsible entity of the scheme and the members of the scheme or any class of them.
    foreign capital reduction offer means an offer of securities or other financial products that is made:
(a) to the members of a body that is not a company; and
(b)  in connection with a proposed reduction of the share capital of the body where:
           (i) the members are asked to vote on a resolution that the body reduce its share capital; and
           (ii) the reduction is regulated by or under a law that is in force or applies in, or in a part of, an eligible foreign country; and
           (iii) consideration is to be provided for the issue or transfer of the securities or other financial products.
    issue, in subsections 5(1) and 6(2), has a meaning affected by section 761E of the Act.
member approved switch arrangement means:
(a) a written arrangement between the responsible entity of a registered scheme and its members where:
           (i) the arrangement has been entered into as a result of members voting in favour of a resolution to approve the arrangement at a members' meeting; and
           (ii) under the arrangement all members will switch all or part of their interests to interests in another registered scheme operated by the responsible entity or a related body corporate; or
(b) a written arrangement between the operator of a notified foreign passport fund and its members where:
           (i) the arrangement has been entered into as a result of members voting in favour of a resolution to approve the arrangement at a members' meeting; and
(ii) under the arrangement all members will switch all or part of their interests to interests in another notified foreign passport fund operated by the operator or a related body corporate; or
       (c) a written arrangement between the CCIV and the members of a sub-fund of the CCIV where:
(i) the arrangement has been entered into as a result of members voting in favour of a resolution to approve the arrangement at a meeting of the members of the sub-fund; and
           (ii) under the arrangement all members will switch all or part of their shares to shares in another sub-fund of the CCIV.
    nominated electronic means has the same meaning as in section 761A of the Act as notionally modified or varied by the ASIC Corporations (Facilitating Electronic Delivery of Financial Services Disclosure) Instrument 2015/647.
    offer:
       (a) in subsections 6(1), 7(1) and 7(3) and section 8, has a meaning affected by sections 700 and 702 of the Act;
       (b)