Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.9.11Y

Retention of copies of Product Disclosure Statement for simple managed investment scheme

  (1)   The responsible person for a Product Disclosure Statement for a simple managed investment scheme to which this Subdivision applies must retain a copy of each version of the Statement that the responsible person issues for a period of 7 years starting on the day on which the version is prepared.

  (2)   The responsible person for the Product Disclosure Statement must retain a copy of the document from which a matter is applied, adopted or incorporated by the Statement as mentioned in paragraph   7.9.11X(3)(c) for a period of 7 years commencing on the day on which the Statement is prepared.

  (3)   If a document from which a matter is adopted, applied or incorporated by the Product Disclosure Statement as mentioned in paragraph   7.9.11X(3)(c) is changed in a way that changes the description of, or reference to, the matter, the responsible person for the Statement must retain a copy of the document for a period of 7 years commencing on the day on which the document is changed.


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