Section 1216L — Corporations Act 2001 (Cth)

The regulations may:

(a) provide that the Corporations legislation continues to apply:

(i) in relation to a fund, all funds of a specified class or all funds that have been deregistered as Australian passport funds or removed as notified foreign passport funds; and

(ii) to an entity, all entities of a specified class or all entities in relation to a fund, all funds of a specified class or all funds that have been deregistered as Australian passport funds or removed as notified foreign passport funds; and

(b) provide that the Corporations legislation continues to apply:

(i) in relation to a fund, all funds of a specified class or all funds that have been deregistered as Australian passport funds or removed as notified foreign passport funds; and

(ii) to an entity, all entities of a specified class or all entities in relation to a fund, all funds of a specified class or all funds that have been deregistered as Australian passport funds or removed as notified foreign passport funds; and

as if specified provisions were omitted, modified or varied as specified in the regulations.

Related sections

• s 1216H — ASIC to remove a fund as a notified foreign passport fund
• s 1216J — Process for removal as a notified foreign passport fund
• s 1216K — ASIC’s power to continue the application of the Corporations legislation
• s 1217 — ASIC’s power to make exemptions and declare modifications etc. in relation to this Chapter
• s 1217A — ASIC’s power to make exemptions and declare modifications etc. in relation to the Passport Rules
• s 1217B — Exemptions and modification by regulations

Research how courts apply s 1216L

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.