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Commencement of dispute resolution scheme requirements for trustee companies deferred

by Hilary Kincaid 1. April 2011 14:06

ASIC issued class order CO 11/261 today. It amends the start date for ‘traditional services’ trustee companies (see Sch 8AA of the Corporations Regulations) to have a dispute resolution scheme under s 912A(1)(g) of the Act, to 1 Jan 2012.

 

A copy of the explanatory statement is available on Comlaw.

 

It takes effect from the date of registration (1 April 2011).

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