What are the requirements of the corporation acts for the Managed Investment Trust scheme?

The trust needs to be under the scheme of trust for managed investment inside the meaning of the 2001 Corporation Acts. The act explains that the Managed Investment Scheme in reference to the pool of funds for generating benefits financially to those people who don't have everyday control over the entire fund which are under their operations. It is recommended that always a legal advice needed to be sought just for getting a soothing satisfaction about the requirements.

Now the question may arise that whether these MIS are needed to get registered for the purpose of Managed Investment Trust? The provisions will be allowed for both the registered as well as unregistered MISs to get a status of MIT. Under some specific circumstances, the MIS which is not registered can get included as MIT, where MIS will be taken as the wholesale fund or otherwise gets operated by the entity 'Crown' and is not subjected to the necessities of registration under the 2001 Corporation Act.

Vastly, a retail fund is needed to get an MIS registration. And to obtain such the MIS who is registered needed to be RE, abbreviation of Responsible Entity which will be operating the schemes. It is provided that the Re must get a registration under the country's public company as well as hold the License from the state with an authorization for operating as the registered MIS. On the other hand, the wholesale funds got the choice to become either registered or unregistered. But if the company does not hold registration, the managed investment trust needs to get operated by the state's financial department or by those entities that are not holding the license of the state. In this circumstance, the state's financial license needs to broadly make coverage for the provision of services that are related to finance for the sake of the wholesale clients. Making a classification of the entity under the heads of registered as well as unregistered, MIS holds relevance with the intention of identifying the needs which are required to get satisfied under the widely yet closely held examinations.

Vastly, so that Registered Entity's can continue their ability of holding the financial License, the Re are needed to take care about certain requirements that have been defined below:


Provided projection for the all the year through cash flow
Satisfaction of the requirements of improved and better net tangible asset requirements of capital
Making it sure that in cash an increase amount assets got hold
What are the requirements for the trading trust in terms of Managed Investment Trust?

If by chance the trust is under the tag of 'unit trust' then for sure it would not be any trading trust. And if it is not, then it should not be carrying any kind of controls over the other entities or to the trading business. Therefore, to become a trading trust they are needed to:


Have a control to the other trust who is having some trading business
The trading business is the one which does not complete holds the 'eligible business for investment' activities.

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Company Overview:

One Investment Group is an independent funds management business specialising in providing Responsible Entity, Trustee, Custody and Administration services. We manage a range of asset classes including hedge funds, real estate, private equity, infrastructure, equity and mortgage.