Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.3 - CORPORATE GOVERNANCE OF CCIVs  

Division 2 - Officers and employees of the CCIV  

Subdivision C - Replacing the corporate director  

SECTION 1224S  

1224S   CCIV DOES NOT HAVE AN ELIGIBLE CORPORATE DIRECTOR  

If a CCIV does not have a corporate director that meets the requirements of section 1224F , an application to the Court for the appointment of a temporary corporate director of the CCIV under section 1224V may be made by any of the following:

(a)    ASIC;

(b)    a member, or group of members, of the CCIV.