Section 1043B — Corporations Act 2001: Exception for withdrawal from registered scheme or notified foreign passport fund

Subsection 1043A(1) does not apply in respect of a member’s withdrawal from a registered scheme or a notified foreign passport fund if the amount paid to the member on withdrawal is calculated (so far as is reasonably practicable) by reference to the underlying value of the assets of the financial or business undertaking or scheme, common enterprise, investment contract or time-sharing scheme to which the member’s interest relates, less any reasonable charge for acquiring the member’s interest.