Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

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

Division 4 - Financial reports and audit of CCIVs  

Subdivision F - Appointment and removal of auditors (retail CCIVs only)  

SECTION 1232N   CONFLICT OF INTEREST SITUATION  

1232N(1)    
Subsection 324CD(2) has effect as if the following item were added to the table in that subsection:

4	a retail CCIV	the corporate director or a former corporate director of the CCIV; or
		a current or former director of the corporate director; or
		a person currently or formerly involved in the management of the CCIV; or
		a person currently or formerly involved in the management of the corporate director.

1232N(2)    
Subsection 1232(1) does not apply for the purposes of subsection 324CD(2) .