Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.79 - APPLICATION PROVISIONS RELATING TO THE TREASURY LAWS AMENDMENT (FAIRER FOR FAMILIES AND FARMERS AND OTHER MEASURES) ACT 2024  

SECTION 1709  

1709   APPLICATION PROVISION  


The amendment of paragraph 295(3A)(a) made by Division 1 of Schedule 6 to the Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Act 2024 applies in relation to any financial reports for a financial year commencing on or after 1 July 2024.

SECTION 1710   DECLARATION OF RELEVANT RELATIONSHIPS  

1710(1)    
Section 1237KA applies in relation to a declaration of relevant relationships (including a replacement declaration of relevant relationships) made on or after the commencement of this section.

1710(2)    
For the purposes of subparagraph 506A(4)(b)(i) , a declaration of relevant relationships made under subsection 506A(2) is taken to become out-of-date on the commencement of this section if:

(a)    the declaration was made, before the commencement of this section, by a liquidator of a sub-fund of a CCIV; and

(b)    on that commencement, any of the persons referred to in subparagraphs 60(2)(a)(i) to (iii) at that time has, or has had within the preceding 24 months, a relationship with another sub-fund (if any) of the CCIV.