Statute
Section 1222D — Corporations Act 2001: Corporate director and members of a CCIV
Text of the provision Official document
(1) A public company becomes the director of a CCIV on registration if the public company is specified in the application with its consent as the proposed corporate director of the CCIV. (2) A person becomes a member of a CCIV on registration if the person is specified in the application with their consent as a proposed member of the CCIV. Note: The shares taken to be issued to the member are those specified in the application: see subsection 120(2). (3) Subsection 120(1) does not apply in relation to a CCIV.
Official source: Federal Register of Legislation
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