Draft Corporations Amendment Regulations: managed investment schemes

Treasury has released draft Corporations Regulations for consultation until 28 March 2008.

These draft regulations will amend the Corporations Regulations 2001 to remove the requirement for managed investment schemes (registered schemes) to notify the Australian Securities and Investments Commission of the top 20 interest holders each year as part of a scheme’s annual review.

The draft regulations will align the treatment of registered schemes with the treatment of public companies in relation to the member reporting requirements amendments introduced in the Corporations Amendment Regulations 2007 (No. 5).