Section 284B
Division not to apply to certain collective investment schemes which are business trusts
of Securities and Futures Act 2001
ActIn forceProvision 537 of 701
Section 284B
Amended by2/2009
This Division (other than section 283A) does not apply to an offer of units in a collective investment scheme, where —
(a)
the collective investment scheme is also a registered business trust; or
(b)
the collective investment scheme is also a business trust and the offer is made in reliance on an exemption under Subdivision (3) of Division 1A.