Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.5 - OPERATING A CCIV  

Division 4 - Purposes for which sub-fund assets may be applied  

SECTION 1234E   COURT ORDERS  

1234E(1)    
In a proceeding to which a CCIV is a party, a court must not make an order that is inconsistent with section 1234 , 1234A , 1234C or 1234D , unless the court considers that the interests of justice require it to do so.

1234E(2)    
If a court makes an order that is inconsistent with section 1234 , 1234A , 1234C or 1234D , the assets of a sub-fund must be applied for the purpose of complying with the court order, in priority to any other permitted application of the assets.


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