Document ID: chunk:federal_register_of_legislation:C2025C00185:section:9:p38
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 9 (pt 38/63)
Character Range: 170570–173344

interests that is eligible to be made under Division 1A of Part 7.12;
 (mb) the provision of a crowd‑funding service;
 (n) a scheme of a kind declared by the regulations not to be a managed investment scheme.
Note 1: Paragraph (c)—A partnership with less than 20 members will usually not require registration because of paragraph 601ED(1)(a) and under section 115 a partnership with more than 20 members can only operate if covered by regulations made for the purposes of subsection 115(2).
Note 2: Paragraphs (c) and (i) have an extended meaning in relation to Chapter 8 (see subsection 1200A(3)).
Note 3: Under section 1213E, a notified foreign passport fund is to be treated as a managed investment scheme for the purposes of this Act.
manager has a meaning affected by section 90.
managerial or executive office has the meaning given by section 200AA.
manages financial risk has the meaning given by section 763C.
managing controller, in relation to property of a corporation, means:
 (a) a receiver and manager of that property; or
 (b) any other controller of that property who has functions or powers in connection with managing the corporation;
and has a meaning affected by paragraph 434G(b) (which deals with 2 or more persons appointed as managing controllers).
mandatory code of conduct means a code of conduct that is declared by regulations under section 1101AE to be mandatory.
margin call:
 (a) in relation to a standard margin lending facility—has the meaning given by subsection 761EA(4); and
 (b) in relation to a non‑standard margin lending facility—has the meaning given by subsection 761EA(7); and
 (c) in relation to a facility that ASIC has declared to be a margin lending facility under subsection 761EA(8)—has the meaning given in the declaration.
margin lending facility has the meaning given by subsection 761EA(1).
market, in relation to an Australian market licence, has a meaning affected by section 795E.
Note: See also makes a market.
marketable securities means debentures, stocks, shares or bonds of any Government, of any local government authority or of any body corporate, association or society, and includes any right or option in respect of shares in any body corporate and any interest in a managed investment scheme.
market bid means a takeover bid made under Chapter 6 as a market bid (see section 616).
market integrity rules means the rules made by ASIC under section 798G.
market licensee means a person who holds an Australian market licence.
market traded option means an option declared by an operator of a declared financial market to be a market traded option.
material effect, for the purposes of Division 3 (insider trading prohibitions) of Part 7.10, has the meaning given by section 1042D.
maximum subscription amount,