Statute
Section 1234 — Corporations Act 2001: Unallocated money and property may not be applied for any purpose
Text of the provision Official document
Money or property of a CCIV that has not been clearly identified in the CCIV’s allocation register as forming part of the assets of a sub-fund or sub-funds of the CCIV may not be applied, or dealt with, whether directly or indirectly, for any purpose.
Official source: Federal Register of Legislation
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