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ASIC - Issues new class order

Issues new class order

A new ASIC class order on differential fee arrangements (CO 03/217) broadens equal treatment exemption for responsible entities of managed investment schemes.

The differential fee structures only apply if disclosed in accordance with the good disclosure principles of ASIC Policy Statement 168 Disclosure: Product Disclosure Statements (and other disclosure obligations).

The new class order is available from www.asic.gov.au.

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