The Australian Securities & Investments Commission has opened a consultation on remaking six legislative instruments that provide relief around managed investment schemes, proposing to extend them for five years beyond their 1 October 2026 expiry. The relief would remain substantively unchanged, apart from minor amendments to improve clarity and consistency. The package covers relief for serviced apartment and similar schemes, property rental schemes, charitable investment fundraising, school enrolment deposits, horse schemes, and attribution managed investment trusts. ASIC also proposes to remove transitional provisions it no longer considers necessary, including section 6 of the Attribution Managed Investment Trusts instrument, which was intended to help responsible entities transition to the attribution managed investment trust regime. The consultation also seeks feedback on questions relating to the horse schemes instrument. Submissions close at 5pm AEST on 24 June 2026.
Australian Securities & Investments Commission2026-05-27
Australian Securities & Investments Commission launches consultation on extending six managed investment scheme relief instruments for five years
The Australian Securities & Investments Commission has opened a consultation on remaking six legislative instruments that provide relief for various managed investment schemes, proposing to extend them for five years beyond their 1 October 2026 expiry with only minor clarifying amendments. ASIC also proposes to remove certain transitional provisions, including section 6 of the Attribution Managed Investment Trusts instrument, and is seeking specific feedback on the horse schemes instrument.