Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.4 - CORPORATE FINANCE AND FINANCIAL REPORTING FOR CCIVs  

Division 1 - Shares  

Subdivision F - Cross-investment between sub-funds of a CCIV  

SECTION 1230U  

1230U   CROSS-INVESTMENT BETWEEN SUB-FUNDS IS NOT A SHARE BUY-BACK  

For the purposes of section 1231C and Division 2 of Part 2J.1 , the acquisition by a CCIV of any of its shares is not a buy-back of the share if:

(a)    the acquisition is in respect of a sub-fund of the CCIV; and

(b)    the share is referable to another of the CCIV ' s sub-funds.