Winding up required by scheme’s constitution
The constitution of a registered scheme may provide that the scheme is to be wound up: (a) at a specified time; or (b) in specified circumstances or on the happening of a specified event; but a provision of the constitution that purports to provide that the scheme is to be wound up if a particular company ceases to be its responsible entity is of no effect (including for the purposes of paragraph 601NE(1)(a)).
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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