Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.6 - EXTERNAL ADMINISTRATION AND DEREGISTRATION  

Division 3 - Receivers, and other controllers, of property of sub funds  

Subdivision D - Modified duties and powers of receivers etc.  

SECTION 1236G  

1236G   POWERS OF RECEIVER  


If:

(a)    a receiver is appointed in respect of property of a sub-fund of a CCIV; and

(b)    one or more persons, other than the CCIV, holds assets of the sub-fund of the CCIV;

the powers conferred under section 420 on the receiver are taken to include the power to instruct each such person in relation to dealing with the assets of the sub-fund.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.