Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.9.70

Modification of provisions of Division 5 of Part 7.9 of the Act: distributions

  (1)   For paragraph   1020G(2)(a) of the Act, this regulation applies in relation to the holder of:

  (a)   an investment - linked product within the meaning of the Insurance Contracts Act 1984 ; or

  (b)   a managed investment product; or

  (ba)   a foreign passport fund product; or

  (c)   a superannuation product; or

  (d)   a security in a CCIV.

  (2)   A reference in paragraph   1019B(5)(a) of the Act to a right or power does not include the making of a distribution to the holder.


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