ASIC consults on management rights schemes

ASIC has released a consultation paper (pdf) inviting
comment on its proposal to modify existing relief for management rights
schemes by
modifying Policy Statement 140 Serviced strata schemes [PS 140] .

Management rights schemes are managed investment schemes that involve owners of strata units sharing income through a rental pool.

 ASIC invites comments on the proposals set out in the consultation paper by 9 July 2007.

Print Friendly, PDF & Email

Your Compliance Support Plan

We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.