Limited application of Part to notified foreign passport funds and their operators
This Part (except for subsection 206B(6) and section 206EAA) does not apply in respect of an act or omission by a person while they are managing a corporation that is either the operator of a notified foreign passport fund, or a notified foreign passport fund, unless the act or omission occurred in connection with: (a) the operator or the fund carrying on business in this jurisdiction; or (b) an act that the operator or the fund does, or proposes to do, in this jurisdiction; or (c) a decision by the operator or the fund whether or not to do, or refrain from doing, an act in this jurisdiction.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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