Clause 302

Sections 247, 249, 252, 253, 254 and 255 shall, with such modifications and adaptations as are necessary, apply to an offer or invitation to the public to subscribe for or purchase units in a collective investment scheme and have effect accordingly as if the units were shares in respect of which an offer or invitation were made to the public for subscription or purchase and as if the persons accepting any offer or invitation to subscribe for or purchase any units were subscribers for or purchasers of shares, respectively.