Section 601LB — Corporations Act 2001 (Cth)

Replacement section 207

Chapter 2E applies as if section 207 were replaced by the following section:

The rules in this Chapter, as they apply to a registered scheme, are designed to protect the interests of the scheme’s members as a whole, by requiring member approval for giving financial benefits to the responsible entity or its related parties that come out of scheme property or that could endanger those interests.

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.

Related sections

s 601KD — Non‑liquid schemes—how payments are to be made
s 601KE — Non‑liquid schemes—responsible entity may cancel withdrawal offer
s 601LA — Chapter 2E applies with modifications
s 601LC — Replacement section 208
s 601LD — Omission of sections 213, 214 and 224
s 601LE — Modification of section 225

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