Who we are
MyMoney Australia Pty Ltd is a corporate authorised representative of Global Mutual Funds Pty Ltd the holder of an Australian Financial Services and Credit License (AFSL 222640).
The purpose of this communication and
In accordance with CO 02/273, note that an investment in a new business carries high risks. It is highly speculative and before investing in any project about which information is given, prospective investors are strongly advised to take appropriate professional advice. The information contained in this communication or publication (the “Publication”) has been prepared by or on behalf of the person who is proposing to issue or sell the securities or scheme interests and MyMoney has not undertaken an independent review of the information contained in the Publication. The information contained in the Publication about the proposed business opportunity and the securities or scheme interests is not intended to be the only information on which the investment decision is made and is not a substitute for a disclosure document, Product Disclosure Statement or any other notice that may be required under the Corporations Act 2001 (Cth), as the Corporations Act 2001 (Cth) may apply to the investment. Detailed information may be needed to make an investment decision, for
Industry regulatory Update
On the 25 March 2019 ASIC has issued ASIC Corporations (Amendment) Instrument 2019/216 (Instrument) which has the effect of preserving the relief provided by Class Order [CO 02/273] Business introduction or matching services(original class order) for an additional three years.
The original Class Order gives conditional relief from the fundraising, financial product disclosure, hawking and advertising requirements in the Corporations Act 2001 that would apply to a person making or calling attention to offers of securities or interests in a registered managed investment scheme through a business introduction service.
The Instrument extends ASIC Corporations (Repeal and Transitional) Instrument 2017/186 (Instrument 2017/186), which preserved the effect of the original Class Order, until 1 April 2022. Without the Instrument, the relief in Instrument 2017/186 would have expired on 23 March 2019.