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StatuteCorporations Act 2001

Section 1237R — Corporations Act 2001: Corporate director may retain certain books

Text of the provision Official document

(1) The corporate director of a CCIV is entitled, as against a liquidator of a sub-fund of the CCIV, to retain possession of books of the CCIV that relate to: (a) the business or affairs of the CCIV as a whole; or (b) the business or affairs of other sub-funds of the CCIV. Note: Books that the corporate director is not entitled to retain must be delivered to the liquidator: see section 530A. (2) Subsection (1) applies despite subsection 530B(1). (3) In this section: liquidator includes a provisional liquidator.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.