Document ID: chunk:federal_register_of_legislation:C2018A00061:clause:2_18
Version: federal_register_of_legislation:C2018A00061
Segment Type: clause
Provision Reference: sch 2 cl 18
Character Range: 72246–72939

18  Section 9
Insert:
Australian member: a person is an Australian member of a notified foreign passport fund if:
 (a) the person holds an interest in the fund that was acquired in this jurisdiction; or
 (b) the person is ordinarily resident in this jurisdiction and holds an interest in the fund.
Australian passport fund means a managed investment scheme:
 (a) that is registered under section 601EB as a registered scheme and also registered as an Australian passport fund under Part 8A.3; and
 (b) that is not deregistered as a registered scheme and an Australian passport fund under Division 2 of Part 5C.10, or deregistered as an Australian passport fund under Division 1 of Part 8A.7.