Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_1243:p2
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 1243 (pt 2/2)
Character Range: 332674–333891

of persons
 (5) An exemption or declaration must be made by legislative instrument if it relates to:
 (a) all CCIVs, a specified class of CCIVs, or 2 or more specified CCIVs; or
 (b) all sub‑funds of all CCIVs, all sub‑funds of a specified class of CCIVs, or a specified class of sub‑funds of CCIVs; or
 (c) all entities, a specified class of entities, or 2 or more specified entities.

Exemptions and declarations relating to specified persons
 (6) Subject to subsection (5), an exemption or declaration must be made by notifiable instrument if it relates to a specified CCIV or specified entity.
 (7) An exemption or declaration that relates to a specified CCIV may apply to the CCIV in respect of a specified sub‑fund, a specified class of sub‑funds or all sub‑funds of the CCIV.
 (8) An exemption or declaration that relates to a specified entity may apply to the entity in respect of a specified sub‑fund, a specified class of sub‑funds or all sub‑funds of a specified CCIV.
 (9) ASIC must also give a copy of an exemption or declaration that relates to a specified CCIV or a specified entity to the CCIV or entity. ASIC must do so as soon as is reasonably practicable after the exemption or declaration is made.