5C.2.02
CurrentAppointment of temporary responsible entities
Chapter 5CManaged investment schemes
Part 5C.2The responsible entity
5C.2.02 Appointment of temporary responsible entities
ASIC, or a member of a registered scheme, may apply to the Court for the appointment of a temporary responsible entity of the scheme if ASIC or member reasonably believes that the appointment is necessary to protect scheme property or the interests of members of the scheme.
This Act’s bill:Explanatory statement
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