Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.6.02AE

Modification of section 9 of the Act: Definition of professional investor

    For the provisions of the Act set out in column 2 of the following table, the Parts of the Act specified in column 3 apply as if section   9 of the Act were modified by omitting paragraph   (e) of the definition of professional investor and substituting the following paragraph:

  "(e)   the person has or controls gross assets of at least $10 million (including any assets held by an associate or under a trust that the person manages);"

 

Column 1

Column 2

Column 3

Item

Provisions of Act

 

1

paragraph   926B(1)(c)

Part   7.6

2

paragraph   951C(1)(c)

Part   7.7

2A

section   1368

Part   7.7A

3

paragraph   992C(1)(c)

Part   7.8

4

paragraph   1020G(1)(c)

Part   7.9



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