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StatuteCorporations Act 2001

Section 1240A — Corporations Act 2001: Takeovers—prohibition on acquisitions of shares in a listed CCIV

Text of the provision Official document

The prohibitions in subsections 606(1) and (2) only apply to an acquisition of a relevant interest in issued voting shares in a CCIV if the CCIV is a listed company (including an acquisition resulting from an acquisition of a legal or equitable interest in securities). Note: A retail CCIV that has only one sub-fund may be a listed company, see section 1222N.

Official source: Federal Register of Legislation

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