Section 601EECorporations Act 2001 (Cth)

Unregistered schemes may be wound up

(1) If a person operates a managed investment scheme in contravention of subsection 601ED(5), the following may apply to the Court to have the scheme wound up:

(a) ASIC;

(b) the person operating the scheme;

(c) a member of the scheme.

(2) The Court may make any orders it considers appropriate for the winding up of the scheme.

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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