Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.3 - CORPORATE GOVERNANCE OF CCIVs  

Division 6 - Meetings  

Subdivision B - Meetings of members of CCIVs or sub-funds  

SECTION 1228A   MEETINGS OF MEMBERS OF CCIVs  

1228A(1)    
Parts 2G.2 (about meetings of members of companies) and 2G.3 (about minutes and members ' access to minutes) do not apply to a CCIV or its members.

1228A(2)    
Subject to the modifications set out in this Subdivision, Part 2G.4 (about meetings of members of registered managed investment schemes) applies in relation to a CCIV and its members as if:

(a)    the CCIV were a registered scheme; and

(b)    the members of the CCIV were the members of that scheme; and

(c)    the corporate director of the CCIV were the responsible entity of that scheme; and

(d)    the CCIV ' s constitution were the scheme ' s constitution; and

(e)    the CCIV ' s compliance plan were the compliance plan of that scheme.

1228A(3)    
Any power to prescribe, for the purposes of a provision of Part 2G.4 , a number of members of a particular registered scheme or class of scheme includes a power to prescribe, for the purposes of that provision as it applies under this section, a number of members of:

(a)    a particular CCIV; or

(b)    a particular class of CCIV.

Note: Subsections 252B(1A) , 252L(1A) and 252N(2A) provide for the prescribing of numbers of members.