Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

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

Division 1 - Shares  

Subdivision B - Redemption of shares  

SECTION 1230D   REDEMPTIONS TO WHICH THIS SUBDIVISION APPLIES  

1230D(1)  
This Subdivision applies to both of the following:

(a)  a redemption by a CCIV of a redeemable share;

(b)  a redemption by a CCIV of a redeemable preference share.

Note: A CCIV may reduce its share capital if the reduction results from a redemption permitted by this Subdivision: see section 1231D .

1230D(2)  
Part 2H.2 does not apply to the redemption of redeemable preference shares in a CCIV.


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