Corporations Act 2001
The corporate director of a CCIV may pass a resolution by the directors of the corporate director passing a resolution that: (a) expressly states that the resolution is passed on behalf of the corporate director in its capacity as corporate director; and (b) if the corporate director is the corporate director of more than one CCIV - expressly states the CCIV on behalf of which the resolution is passed. 1228(2)
Part 2G.1 (about directors ' meetings) does not apply to a CCIV. 1228(3)
To avoid doubt, subsection (2) does not affect: (a) the application of Part 2G.1 to a resolution of, or a meeting of, the directors of the corporate director of a CCIV; or (b) the application of Part 2G.3 (about minutes and members ' access to minutes) to a resolution passed under subsection (1) .
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