Section 1232A — Corporations Act 2001: Obligation to keep financial records for sub-funds

(1) Without limiting the application of subsection 286(1) to the retail or wholesale CCIV, the CCIV must also, for each sub-fund of the CCIV, keep written financial records that: (a) correctly record and explain the transactions relating to the sub-fund and the financial position and performance of the sub-fund; and (b) would enable true and fair financial statements to be prepared and audited for the sub-fund; and (c) comply with any further requirements prescribed by regulations made for the purposes of this paragraph. Note: Section 9 defines financial records. (2) The remaining provisions of Part 2M.2 apply in relation to the financial records for the sub-fund as if the sub-fund were the CCIV. (3) This section does not apply if the CCIV has only one sub-fund.