Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 601NA

Winding up required by scheme's constitution

                   The constitution of a registered scheme may provide that the scheme is to be wound up:

                     (a)  at a specified time; or

                     (b)  in specified circumstances or on the happening of a specified event;

but a provision of the constitution that purports to provide that the scheme is to be wound up if a particular company ceases to be its responsible entity is of no effect (including for the purposes of paragraph 601NE(1)(a)).



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