Regulatory Alerts2007-12-13 | RG-101RG 101 Managed investment scheme buy-backs
The Australian Securities and Investments Commission issued this guide for responsible entities of registered managed investment schemes and their advisers regarding buy-backs of scheme interests. It explains relief granted under ASIC Corporations Instrument 2016/1159 from certain Corporations Act provisions and outlines requirements for conducting on-market buy-backs of ASX-listed schemes. The document also details ASIC's policy on applications for individual relief, noting that such applications must be submitted through the ASIC Regulatory Portal.
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