Clause 82

by deleting the words “and which” in paragraph (b) of the definition of “prospectus” and substituting the words “or which”; and

by deleting the definition of “responsible person” and substituting the following definition:“ “responsible person”, in relation to a collective investment scheme, means —

in the case of a scheme which is authorised under section 286 or for which an application for authorisation has been made under that section, the manager for the scheme;

in the case of a scheme which is recognised under section 287 or for which an application for recognition has been made under that section —

where the scheme is constituted as a corporation, the corporation;

where the scheme is not constituted as a corporation, the manager for the scheme;”.