### sec.74 Who is a wholesale investor A wholesale investor in a wholesale unit trust is— a funds manager, other than the funds manager that established and manages the trust, investing funds of another wholesale unit trust managed by the funds manager; or the trustee of another wholesale unit trust investing funds of another wholesale unit trust managed by the trustee; or the trustee of a superannuation fund under the Superannuation Industry Act having more than $10,000,000 in assets; or a person who has more than $10,000,000 invested in wholesale unit trusts. s 74 amd 2013 No. 28 s 51 sch 2 (retro) - (a) a funds manager, other than the funds manager that established and manages the trust, investing funds of another wholesale unit trust managed by the funds manager; or - (b) the trustee of another wholesale unit trust investing funds of another wholesale unit trust managed by the trustee; or - (c) the trustee of a superannuation fund under the Superannuation Industry Act having more than $10,000,000 in assets; or - (d) a person who has more than $10,000,000 invested in wholesale unit trusts.

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