Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 7.12 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (IPH Limited Employee Share Scheme Disclosure) Instrument 2024/293; and the ASIC Corporations (L ' Or é al SA Employee Share Scheme Disclosure) Instrument 2024/296.
For legislative instruments or class orders before 1 January 2022 that affect the application of Pt 7.12, 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.
The applicant, in relation to an approved code of conduct, must ensure that, every 5 years, an independent review is undertaken of the operation of the approved code of conduct.
1101AB(2)
A review under subsection (1) must make provision for public consultation.
1101AB(3)
A review of an approved code of conduct must be completed: (a) for the first review - before the end of the 5 year period beginning on the day the code of conduct was approved; and (b) for a subsequent review - within 5 years after the completion of the previous review.
1101AB(4)
For the purposes of this section, a review is completed when a report of the review is given to ASIC.
1101AB(5)
Within 10 business days of completing a review, the applicant must publish the report of the review on its website.
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