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StatuteCorporations Act 2001

Section 1222 — Corporations Act 2001: Requirements for registration as a CCIV

Text of the provision Official document

The requirements for registration of a company as a CCIV are as follows: (a) the company is a company limited by shares; (b) the company has a constitution; (c) the sole proposed director of the company is a public company that holds an Australian financial services licence authorising it to operate the business and conduct the affairs of a CCIV; (d) the company will, upon registration, have at least one sub-fund; (e) each sub-fund of the company will, upon registration, have at least one member; (f) a notice under subsection 1222A(4) (about whether a CCIV is to be a retail CCIV or a wholesale CCIV) has been lodged with the application; (g) if the company will, on registration, be a retail CCIV—the company has a compliance plan. Note: CCIV is short for corporate collective investment vehicle, which is a type of company that can be registered under this Act: see section 112.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.