Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.3 - CORPORATE GOVERNANCE OF CCIVs  

Division 5 - Member protection  

Subdivision A - Related party transactions by retail CCIVs to be approved at sub-fund level  

SECTION 1227C   REQUIREMENTS FOR EXPLANATORY STATEMENT TO MEMBERS  

1227C(1)    
Section 219 applies to a retail CCIV as if:

(a)    the requirements in paragraphs 219(1)(c) and (d) applied in relation to:


(i) the corporate director of the CCIV; and

(ii) each director of the corporate director of the CCIV; and

(b)    the requirement in paragraph 219(1)(e) were a requirement to set out all other information that:


(i) is reasonably required by members in order to decide whether or not it is in the sub-fund ' s interests to pass the proposed resolution; and

(ii) is known to the corporate director of the CCIV or to any of the directors of the corporate director of the CCIV.

1227C(2)    
An example of the kind of information referred to in paragraph (1)(b) is the kind of information mentioned in subsection 219(2) .


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