Corporate Collective Investment Vehicle Framework and Other Measures Act 2022 (8 of 2022)

Schedule 2 Corporate collective investment vehicles: other amendments of the Corporations Act 2001

Repeal the definition, substitute:

secured creditor :

(a) of a corporation means a creditor of the corporation, if the debt owing to the creditor is secured by a security interest; and

(b) of a sub-fund of a CCIV means a secured creditor of the CCIV, if the debt owing to the creditor is, to any extent, a liability of the sub-fund.