CTHIn ForceLegislation
Corporations (Passport) Rules 2018
49Rights to redemptions—other passport funds
Start here
Get a plain-English read of 49
Turn the raw legal text into a practical explanation grounded in Corporations (Passport) Rules 2018.
49 Rights to redemptions—other passport funds
(1) This section applies to a passport fund other than one to which section 48 applies. (2) Subject to any requirements of the economy in which the member is located, a member of the passport fund may at any time request a redemption of the member’s interests under section 50. (3) Subsection (2) does not apply if the operator has suspended redemptions in accordance with section 51.