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 D - Annual financial reporting to members (retail CCIVs only)  

SECTION 1232L   1232L   ADDITIONAL REPORTING BY CCIVs THAT ARE DEBENTURE ISSUERS  


If a retail CCIV was a borrower in relation to debentures at the end of a financial year, section 318 applies to the CCIV, in relation to each sub-fund of the CCIV, as if:

(a)  the requirement in subsection 318(1) were instead a requirement to give to the trustee for debenture holders, by the deadline for the financial year set by section 315 as applied by section 1232J , a copy of each of the reports mentioned in paragraph 1232H(1)(a) for the sub-fund; and

(b)  the right of a debenture holder under paragraph 318(2)(a) were instead the right to ask the CCIV for copies of the last reports provided under subsection 1232H(1) to members of the sub-fund; and

(c)  the right of a debenture holder under paragraph 318(2)(b) were instead the right to ask the CCIV for copies of:


(i) the full financial report and directors ' report described in section 1232C for the sub-fund and prepared for the last financial year; and

(ii) the auditor ' s report relating to the sub-fund for the last financial year; and

(d)  the requirement in subsection 318(4) were instead a requirement to give to the trustee for debenture holders a copy of the half-year financial report, prepared for the sub-fund under section 302 as applied by section 1232F , within 75 days after the end of the half-year.


 

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