Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.6 - EXTERNAL ADMINISTRATION AND DEREGISTRATION  

Division 5 - Winding up of sub funds  

Subdivision E - Modified duties and powers of officers of corporate director and CCIV  

SECTION 1237R   CORPORATE DIRECTOR MAY RETAIN CERTAIN BOOKS  

1237R(1)    
The corporate director of a CCIV is entitled, as against a liquidator of a sub-fund of the CCIV, to retain possession of books of the CCIV that relate to:

(a)    the business or affairs of the CCIV as a whole; or

(b)    the business or affairs of other sub-funds of the CCIV.

Note: Books that the corporate director is not entitled to retain must be delivered to the liquidator: see section 530A .

1237R(2)    
Subsection (1) applies despite subsection 530B(1) .

1237R(3)    
In this section:

liquidator
includes a provisional liquidator.