Corporations Act 2001
Audit and auditor ' s report not required to cover a sub-fund in respect of which a CCIV is being wound up
1232S(1)
An auditor of a CCIV is not required by Division 3 of Part 2M.3 , as it applies under subsection 1232G(1) , to do a thing in relation to a sub-fund at a time if the sub-fund is being wound up at that time.
Auditor ceases to hold office if CCIV is being wound up in respect of all of its sub-funds
1232S(2)
An auditor of a CCIV ceases to hold office if an event mentioned in subsection (3) has occurred in relation to each sub-fund of the CCIV.
1232S(3)
The events are as follows: (a) a special resolution is passed for the voluntary winding up of a sub-fund of the CCIV; (b) an order is made by the Court for the winding up of a sub-fund of the CCIV.
1232S(4)
Section 330 does not apply to a CCIV.
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