Corporations Act 2001
CHAPTER 8B
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CORPORATE COLLECTIVE INVESTMENT VEHICLES
PART 8B.6
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EXTERNAL ADMINISTRATION AND DEREGISTRATION
Division 5
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Winding up of sub funds
Subdivision H
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Recovering property
SECTION 1237ZB
DIRECTORS OF THE CORPORATE DIRECTOR
1237ZB(1)
Sections 588FDA and 588FGA apply in relation to a sub-fund of a CCIV as if each of the following were a director of a CCIV: (a) a director of the CCIV; (b) a director of the corporate director of the CCIV.
1237ZB(2)
Paragraph (1)(a) is included for the avoidance of doubt.
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 8B.6 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (CCIV Auditors) Instrument 2024/668.
For other legislative instruments or class orders before 1 January 2022 that affect the application of Pt 8B.6, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
Sections 588FDA and 588FGA apply in relation to a sub-fund of a CCIV as if each of the following were a director of a CCIV: (a) a director of the CCIV; (b) a director of the corporate director of the CCIV.
1237ZB(2)
Paragraph (1)(a) is included for the avoidance of doubt.