Sentences with phrase «in managed investment schemes»

Some of the worst examples of failed agriculture investments were in managed investment schemes (MIS), which were tax - driven vehicles created in direct response to a federal government policy to promote investment in rural areas.

It's generally illegal to offer units in a managed investment scheme unless it is registered with ASIC.

If the token does not have a PDS, or does not comply with Australian law, you probably won't have the same rights and protections as a unit in a managed investment scheme, or it may be operating illegally in Australia.

Crowd - sourced funding of shares is also different to investment - based crowd funding, which may involve investing in a managed investment scheme or be offered by someone who does not need an Australian financial services (AFS) licence.

Some ICO tokens could represent units in a managed investment scheme, which is regulated by Australian law.

Not exact matches

«Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments,» Bharara said in a statement.

In 2017, ASIC revised its guidance to ICO issuers, bringing token offerings recognized as «managed investment schemes,» «non-cash payment facilities,» or derivatives offerings under the auspice of the Corporations Act of 2001.

The ICO in query was once additional judged to be an «unregulated managed investment scheme,» which might have breached the Corporations Act and doubtlessly have resulted in severe consequences, had it been allowed to continue.

2 A «collective investment scheme» (as defined in Schedule 1 to the SFO) generally has four elements: it must involve an arrangement in respect of property; participants do not have day - to - day control over the management of the property; the property is managed as a whole by or on behalf of the person operating the arrangements, and / or the contributions of the participants and the profits or income from which payments are made to them are pooled; and the purpose or effect of the arrangement is for participants to participate in or receive profits, income or other returns from the acquisition or management of the property.

The ICO in question was further judged to be an «unregulated managed investment scheme,» which would have breached the Corporations Act and potentially have led to serious penalties, had it been allowed to proceed.

«Historically a lot of agricultural investments were tax driven and that did not result in very positive outcomes,» Mr Brandweiner said, possibly referring to the spate of collapsed managed investment schemes such as Timbercorp during the financial crisis.

In 2008, following the collapse of listed managed investment scheme company Great Southern, which bought cattle stations for exorbitant prices, the value of stations crashed across Australia's Top End and have recovered only in the past 18 monthIn 2008, following the collapse of listed managed investment scheme company Great Southern, which bought cattle stations for exorbitant prices, the value of stations crashed across Australia's Top End and have recovered only in the past 18 monthin the past 18 months.

The Litwin charitable investments were nearly all managed by Bernard L. Madoff and substantially lost in his Ponzi scheme, which swallowed up many fortunes before being exposed in 2008.

This is exactly where a mutual fund comes in as it is a professionally managed collective investment vehicle that lets you invest in small amounts and reap big benefits, so long as you choose the right schemes in line with the goals you have set for yourself.

When you hear about other managed investment schemes going bankrupt it's concerning, for example in SMH this weekend «T» and a few years back, «S».

I'm still working part time, in my 60s, but would like to get a regular (pension type) income tax free, from investing in a big retail super scheme through a managed investment company.

Unit trusts are used in many commercial arrangements, including managed investment schemes.

It turns out, the investment that is most often preferred was a fund managed by Bernie Madoff, who was arrested in 2008 for what would become history's largest Ponzi scheme.

An agribusiness managed investment scheme («agribusiness scheme») uses your money to invest in primary production activities, such as livestock, farming, horticultural crops or forestry projects.

An investment in livestock, farming, horticultural or forestry projects, usually through a managed investments scheme.

If you're thinking about investing in listed managed investment products (investments in managed schemes that can be traded on a financial market), then the PDS must be lodged with ASIC.

In most cases, it is illegal to offer units or interests in what is actually a managed investment scheme unless the scheme is registered with ASIIn most cases, it is illegal to offer units or interests in what is actually a managed investment scheme unless the scheme is registered with ASIin what is actually a managed investment scheme unless the scheme is registered with ASIC.

If you are being advised to invest in a tax scheme, check the amount of commission your adviser will receive before deciding to invest, and compare it to the commissions paid for other investments, such as a managed fund investing in Australian shares.

If you are considering participating in an aggregation that is a managed investment scheme, the project promoter or your financial adviser must give you the product disclosure statement of the scheme.

Projects that are aggregations may be regulated as managed investment schemes, particularly where the returns from the project area share in the collective revenue from ACCU sales.

A mutual fund is a professionally managed type of collective investment scheme that pools the Mutual Fund Investors monies together and typically invests in securities, stocks and bonds (short - term and long - term bonds).

Mutual Fund: A mutual fund is a professionally managed type of collective investment scheme that pools the Mutual Fund Investors monies together and typically invests in securities, stocks and bonds (short - term and long - term bonds).

Gore used to back this, before he took on the job of managing billions of investments in carbon trading firms whose net worth depends on a complex and politically manipulable cap and trade and offset schemes rather than a simple carbon tax.

In order to be lawful, a collective investment scheme would need to be operated or managed by an FSA - authorised person.

Advised three Henderson - managed investment trusts on a liquidation scheme of arrangement allowing investors of the liquidating fund to choose to roll their investment in an efficient manner into two other investment trusts.

If token proceeds are managed collectively by the ICO scheme operator to invest in projects with an aim to enable token holders to participate in a share of the returns provided by the project, the digital tokens may be regarded as an interest in a «collective investment scheme» (CIS) 2.