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CORPORATIONS ACT 2001 - SECT 1013I

Extra requirements if Product Disclosure Statement relates to managed investment products that are ED securities

             (1)  This section applies to a Product Disclosure Statement that relates to managed investment products that are ED securities.

             (2)  The Product Disclosure Statement must include a statement that:

                     (a)  as a disclosing entity, the scheme is subject to regular reporting and disclosure obligations; and

                     (b)  copies of documents lodged with ASIC in relation to the scheme may be obtained from, or inspected at, an ASIC office.

             (3)  The Product Disclosure Statement must either:

                     (a)  inform people of their right to obtain a copy of the following documents:

                              (i)  the annual financial report most recently lodged with ASIC by the scheme;

                             (ii)  any half-year financial report lodged with ASIC by the scheme after the lodgment of that annual financial report and before the date of the Product Disclosure Statement;

                            (iii)  any continuous disclosure notices given by the scheme after the lodgment of that annual report and before the date of the Product Disclosure Statement; or

                     (b)  include, or be accompanied by, a copy of the relevant document or documents.

             (4)  If:

                     (a)  the Product Disclosure Statement informs people of their right to obtain a copy of a document referred to in subsection (3); and

                     (b)  a person asks the issuer (in the case of an issue Statement) or the seller (in the case of a sale Statement) for a copy of the document;

the issuer or seller must give (see subsection (5)) the person a copy of the document free of charge as soon as practicable, and in any event within 5 days, after receiving the person's request.

Note:          Failure to comply with this subsection is an offence (see subsection 1311(1)).

             (5)  In subsection (4), give means give in a way that would satisfy the requirements of section 1015C if the copy of the document were a Statement to which that section applied.



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