Section 1227B — Corporations Act 2001: Exceptions not available for a retail CCIV

(1) The following provisions of Division 2 of Part 2E.1 do not apply where the financial benefit is, or is to be, given by a retail CCIV: (a) section 211 (which deals with remuneration and reimbursement for an officer or employee); (b) section 213 (which deals with small amounts given to a related party); (c) section 214 (which deals with financial benefits given to a closely held subsidiary). (2) Subsection (1) does not affect the application of those provisions where the financial benefit is, or is to be, given by an entity the retail CCIV controls.