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Corporations (Passport) Rules 2018
56Meaning of regulated CIS and operator
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56 Meaning of regulated CIS and operator
For these rules: (a) a regulated CIS in a participating economy listed in the table below is a scheme that: (i) was established in the participating economy; and (ii) has the legal character specified in the table below; and (b) its operator is the entity shown in the table.
| Item | Home economy for the passport fund | Legal character of CIS | Operator |
|---|---|---|---|
| 1 | Australia | A CIS registered under the Corporations Act 2001 | The person licensed to operate the CIS under the Corporations Act 2001 |
| 2 | Japan | A scheme under the Act on Investment Trusts and Investment Corporations | The operator under the Act on Investment Trusts and Investment Corporations |
| 3 | Korea | A CIS under the Financial Investment Business and Capital Markets Act of Korea | The collective investment business entity of the CIS |
| 4 | New Zealand | A managed investment scheme registered under the Financial Markets Conduct Act 2013 of New Zealand | The manager of the managed investment scheme licensed under the Financial Markets Conduct Act 2013 |
| 5 | Singapore | A CIS authorised under the Securities and Futures Act of Singapore | The manager of the authorised scheme |
| 6 | Thailand | A CIS under the Securities and Exchange Act B.E. 2535 (1992) | The securities company licensed to manage the mutual fund under the Securities and Exchange Act B.E. 2535 (1992) |
Note: The operator will be a body corporate.