Commonwealth Consolidated Acts Commonwealth Consolidated Acts(a) exempt from all or specified provisions of the Corporations legislation (which includes this Chapter and the Passport Rules for this jurisdiction):
(i) a passport fund, all passport funds of a specified class or all passport funds; or
(ii) an entity, all entities of a specified class or all entities, in relation to a passport fund, all passport funds of a specified class or all passport funds;
(b) provide that the Corporations legislation (which includes this Chapter and the Passport Rules for this jurisdiction) applies in relation to:
(i) a passport fund, all passport funds of a specified class or all passport funds; or
(ii) an entity, all entities of a specified class or all entities, in relation to a passport fund, all passport funds of a specified class or all passport funds;
as if specified provisions of the Corporations legislation were omitted, modified or varied as specified in the regulations.