216
CurrentExit fees
Schedule 10Disclosure of fees and other costs
Part 2Fees and Costs Template, example of annual fees and costs and Consumer Advisory Warning for Product Disclosure Statements
Division 6How to fill in the example of annual fees and costs
216 Exit fees
If an exit fee may be charged in relation to a collective investment product, the fee must be described in footnote to the table, based on:
(a)
a balance of $50 000; or
(b)
if clause 215 applies—an amount that is a multiple of $50 000.
This Act’s bill:Explanatory statement
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