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 2
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Officers and employees of the CCIV
Subdivision B
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The corporate director of a CCIV
SECTION 1224F
1224F
WHO CAN BE THE DIRECTOR OF A CCIV
The only kind of person who may be appointed as the director of a CCIV is a public company that: (a) holds an Australian financial services licence authorising it to operate the business and conduct the affairs of the CCIV; and (b) is not a Chapter 5 body corporate.
View history note
Hide history noteCCH Note: Division 2 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 1224F is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
The only kind of person who may be appointed as the director of a CCIV is a public company that: (a) holds an Australian financial services licence authorising it to operate the business and conduct the affairs of the CCIV; and (b) is not a Chapter 5 body corporate.
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