Corporations Act 2001
CHAPTER 8B
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CORPORATE COLLECTIVE INVESTMENT VEHICLES
PART 8B.3
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CORPORATE GOVERNANCE OF CCIVs
Division 1
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Governance rules
Subdivision B
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Constitution
SECTION 1223B
REQUIREMENT FOR A CCIV TO HAVE A CONSTITUTION
1223B(1)
A CCIV must have a constitution. A CCIV may not repeal its constitution unless it replaces the constitution with a new constitution.
Minimum content requirements for the constitution
1223B(2)
The constitution of a CCIV must comply with the requirements applicable to the CCIV under Subdivision C .
Strict liability offence
1223B(3)
A CCIV commits an offence of strict liability if it fails to ensure it has a constitution that complies with the requirements applicable to the CCIV under Subdivision C .
View history note
Hide history noteCCH Note: Division 1 is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Subdivision B is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Section 1223B is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
A CCIV must have a constitution. A CCIV may not repeal its constitution unless it replaces the constitution with a new constitution.
Minimum content requirements for the constitution
1223B(2)
The constitution of a CCIV must comply with the requirements applicable to the CCIV under Subdivision C .
Strict liability offence
1223B(3)
A CCIV commits an offence of strict liability if it fails to ensure it has a constitution that complies with the requirements applicable to the CCIV under Subdivision C .
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