Corporations Act 2001
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 8B.7 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (CCIV Auditors) Instrument 2024/668.
For other legislative instruments or class orders before 1 January 2022 that affect the application of Pt 8B.7, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
Treat subsection 766E(3) as also providing that none of the following conduct constitutes providing a custodial or depository service : (a) operating as a CCIV; (b) operating the business and conducting the affairs of a CCIV; (c) holding the money or property of a CCIV.
Note: Holding the assets of a sub-fund of a CCIV is covered by paragraph (c) and does not constitute providing a custodial or depository service .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.