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StatuteCorporations Act 2001

Section 1223G — Corporations Act 2001: Retail CCIV—Basic content requirements

Text of the provision Official document

A retail CCIV’s constitution must do the following: (a) make provision for the establishment of sub-funds, and classes of shares referable to sub-funds; (b) make provision for the method by which complaints made by members in relation to the CCIV are to be dealt with; (c) state that the CCIV has the power to borrow or raise money; (d) if there are to be any limits on the CCIV’s exercise of the power to borrow or raise money—sets out those limits; (e) if the CCIV is to acquire in respect of any of its sub-funds, one or more shares that are referable to another of its sub-funds—make provision for such acquisitions.

Official source: Federal Register of Legislation

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