Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 601EE

Unregistered schemes may be wound up

(1) If a person operates a managed investment scheme in contravention of subsection 601ED(5), the following may apply to the Court to have the scheme wound up:

(a)
ASIC;

(b)
the person operating the scheme;

(c)
a member of the scheme.

(2) The Court may make any orders it considers appropriate for the winding up of the scheme.



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