CTHIn ForceLegislation
Corporations (Passport) Rules 2018
18Part does not apply to operational goods and services
Start here
Get a plain-English read of 18
Turn the raw legal text into a practical explanation grounded in Corporations (Passport) Rules 2018.
18 Part does not apply to operational goods and services
Goods and services acquired by a passport fund for operational reasons, rather than for investment purposes, are not considered assets of the passport fund for this Part. Nothing in this Part prevents a passport fund from acquiring and holding goods or services for operational reasons.