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 B - Appointment of controllers  

SECTION 1236D  

1236D   NOTIFYING OF APPOINTMENT OR CESSATION OF CONTROLLER  

If:

(a)    a person (the controller ) is appointed as, or ceases to be, the controller 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 controller must, as soon as practicable, and in any event within 3 business days after the controller ' s appointment or cessation, notify each such person in writing of the appointment or cessation.