INFO 249
Frozen funds – Information for responsible entities
This is Information Sheet 249 (INFO 249). It is for responsible entities of registered managed investment schemes (registered schemes) that have become ‘frozen funds’.
In plain English
INFO 249 explains what to do if a registered managed investment scheme becomes a frozen fund.
INFO 249 is for responsible entities of registered managed investment schemes. It provides information about frozen funds. It outlines steps to take when a scheme is frozen. It doesn't state a commencement or revision date.
Why it matters
If your managed investment scheme freezes, this guidance helps you understand your responsibilities. Following it can protect investors and maintain scheme stability. It's important for governance and compliance.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-finance-professionals/fund-operators/frozen-funds-information-for-responsible-entities/. Rules Mate indexes + summarises; always verify against the regulator's live publication.