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 4
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Compliance plan for retail CCIVs
Subdivision A
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Documenting the compliance plan
SECTION 1226C
ASIC MAY REQUIRE FURTHER INFORMATION ABOUT COMPLIANCE PLAN
1226C(1)
ASIC may give the corporate director of a retail CCIV a direction, in writing, to give ASIC information about the arrangements contained in the compliance plan. The direction must specify the period (which must be at least 14 days after the direction is given) within which the corporate director must give the information.
1226C(2)
The corporate director must comply with the direction within the period specified.
1226C(3)
An offence based on subsection (2) is an offence of strict liability.
View history note
Hide history noteCCH Note: Division 4 is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Subdivision A is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Section 1226C is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
ASIC may give the corporate director of a retail CCIV a direction, in writing, to give ASIC information about the arrangements contained in the compliance plan. The direction must specify the period (which must be at least 14 days after the direction is given) within which the corporate director must give the information.
1226C(2)
The corporate director must comply with the direction within the period specified.
1226C(3)
An offence based on subsection (2) is an offence of strict liability.
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