Commonwealth Consolidated Acts

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Product Disclosure Statements--content requirements

Main requirements

             (1)  Treat subsection 1013D(1) as also including the following paragraph:

                   "(la)  if the product is a share in a CCIV, and the CCIV's constitution makes provision for acquisitions described in paragraph 1223G(e)--a statement to the effect that the CCIV may acquire, in respect of any of its sub-funds, one or more shares that are referable to another of its sub-funds; and".

             (2)  Treat subsection 1013D(2A) as also including securities in a CCIV.

Extra requirements for ED securities in a CCIV

             (3)  Section 1013I also applies as if:

                     (a)  references in that section to managed investment products included references to securities in a CCIV; and

                     (b)  references in that section to a scheme included references to the CCIV.

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