Corporations Act 2001
CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES
View history note
Hide history notePART 8B.7 - CONTROL, FINANCIAL SERVICES AND DISCLOSURE
CCH 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.
Division 4 - Financial services and markets
SECTION 1241E
1241E CERTAIN CONDUCT RELATING TO CCIVs IS NOT PROVIDING A CUSTODIAL OR DEPOSITORY SERVICE
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 .
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