Section 1232L — Corporations Act 2001: Additional reporting by CCIVs that are debenture issuers

If a retail CCIV was a borrower in relation to debentures at the end of a financial year, section 318 applies to the CCIV, in relation to each sub-fund of the CCIV, as if: (a) the requirement in subsection 318(1) were instead a requirement to give to the trustee for debenture holders, by the deadline for the financial year set by section 315 as applied by section 1232J, a copy of each of the reports mentioned in paragraph 1232H(1)(a) for the sub-fund; and (b) the right of a debenture holder under paragraph 318(2)(a) were instead the right to ask the CCIV for copies of the last reports provided under subsection 1232H(1) to members of the sub-fund; and (c) the right of a debenture holder under paragraph 318(2)(b) were instead the right to ask the CCIV for copies of: (i) the full financial report and directors’ report described in section 1232C for the sub-fund and prepared for the last financial year; and (ii) the auditor’s report relating to the sub-fund for the last financial year; and (d) the requirement in subsection 318(4) were instead a requirement to give to the trustee for debenture holders a copy of the half-year financial report, prepared for the sub-fund under section 302 as applied by section 1232F, within 75 days after the end of the half-year.