Section 1228B — Corporations Act 2001: Meetings of members of sub-funds
Text of the provision Official document
(1) Subject to the modifications set out in this Subdivision, Part 2G.4 (about meetings of members of registered managed investment schemes) applies in relation to a sub-fund of a CCIV and the members of the sub-fund as if: (a) the sub-fund were a registered scheme; and (b) the members of the sub-fund were the members of that scheme; and (c) the corporate director of the CCIV were the responsible entity of that scheme; and (d) the CCIV’s constitution were the scheme’s constitution; and (e) the CCIV’s compliance plan were the compliance plan of that scheme. (2) Any power to prescribe, for the purposes of a provision of Part 2G.4, a number of members of a particular registered scheme or class of scheme includes a power to prescribe, for the purposes of that provision as it applies under this section, a number of members of: (a) a particular sub-fund of a CCIV; or (b) a particular class of sub-funds of one or more CCIVs. Note: Subsections 252B(1A), 252L(1A) and 252N(2A) provide for the prescribing of numbers of members.
Official source: Federal Register of Legislation
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