Treasury has released draft Corporations Regulations for consultation until 28 March 2008.

These draft regulations will amend the Corporations Regulations 2001
to remove the requirement for managed investment schemes (registered
schemes) to notify the Australian Securities and Investments Commission
of the top 20 interest holders each year as part of a scheme’s annual
review.

The draft regulations will align the treatment of registered schemes
with the treatment of public companies in relation to the member
reporting requirements amendments introduced in the Corporations Amendment Regulations 2007 (No. 5).