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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