3
In forceContents of section 1 (About [name of responsible entity])
Schedule 10EForm and content of Product Disclosure Statement—simple managed investment scheme
3 Contents of section 1 (About [name of responsible entity])
(1)
Section 1 of the Product Disclosure Statement must describe, in the form of a summary:
(a)
the responsible entity and its role in operating the simple managed investment scheme; and
(b)
the investment manager, if the investment manager is different from the responsible entity.
(2)
If there is more than 1 investment manager, the Statement may describe a particular manager by applying, adopting or incorporating a matter in writing.
This Act’s bill:Explanatory statement
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