Australian Securities and Investments Co
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Commonwealth legislation
This Act has been repealed and is no longer in force. It is retained for historical reference.
This ASIC declaration specifies who can be treated as the “responsible entity” for certain common funds under the managed investment scheme reforms, affecting trustees, members and nominated proposed responsible entities.
It excludes funds already covered by ASIC Class Order 98/1807 and six named Perpetual funds. It mattered in the late‑1990s transition: it granted temporary legal status to operate without immediate full registration while entities moved onto the new regulatory framework.
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Direct links to the current provisions in ASIC Class Order [CO 00/1067].
The trustee, the members, and any person nominated as the proposed responsible entity of, a common fund other than a common fund which is:
(a) an undertaking to which ASIC Class Order [98/1807] applies;
(b) Perpetual's Cash Management Fund established by deed dated 21 October 1992;
(c) Perpetual's Australian Share Fund established by deed dated 21 December 1992;
(d) Perpetual's Fixed Interest Securities Share Fund established by deed dated 21 December 1992;
(e) Perpetual's Property Securities Share Fund established by deed dated 21 December 1992; or
(f) Perpetual's Term Deposit Fund established by deed dated 6 July 1995.
Dated the 25th day of May 2000
Signed by Brendan Byrne
as delegate of the Australian Securities and Investments Commission
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
The trustee, the members, and any person nominated as the proposed responsible entity of, a common fund other than a common fund which is:
(a) an undertaking to which ASIC Class Order [98/1807] applies;
(b) Perpetual's Cash Management Fund established by deed dated 21 October 1992;
(c) Perpetual's Australian Share Fund established by deed dated 21 December 1992;
(d) Perpetual's Fixed Interest Securities Share Fund established by deed dated 21 December 1992;
(e) Perpetual's Property Securities Share Fund established by deed dated 21 December 1992; or
(f) Perpetual's Term Deposit Fund established by deed dated 6 July 1995.
Dated the 25th day of May 2000
Signed by Brendan Byrne
as delegate of the Australian Securities and Investments Commission