Regulatory Alerts2013-11-15 | RG-160RG 160 Time-sharing schemes
The Australian Securities and Investments Commission issued this guide to regulate responsible entities, operators, promoters, and credit providers involved in time-sharing schemes. It outlines the regulator's general approach to enforcing the Corporations Act and exercising powers to modify the law for these specific financial products. The document serves as a compliance resource for all parties providing credit or assistance for the purchase of time-sharing interests.
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