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StatuteCorporations Act 2001

Section 1222Q — Corporations Act 2001: What is a sub-fund of a CCIV

Text of the provision Official document

(1) A sub-fund of a CCIV is all or part of the business of the CCIV that is registered as a sub-fund under section 1222S. Note: A sub-fund of a CCIV may be registered as a passport fund: see Part 8A.3. (2) A sub-fund does not have legal personality. (3) A person is a member of a sub-fund of a CCIV if the person: (a) is a member of the CCIV; and (b) holds one or more shares that are referable to the sub-fund. Note: For when a share is referable to a sub-fund, see section 1230.

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.