Corporations Act 2001
CHAPTER 8B
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CORPORATE COLLECTIVE INVESTMENT VEHICLES
PART 8B.2
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REGISTRATION OF CCIVs
Division 1
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Registering a CCIV
Subdivision D
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Retail CCIVs and wholesale CCIVs
SECTION 1222M
1222M
TABLE OF PROVISIONS THAT APPLY ONLY TO RETAIL CCIVs
The following table sets out the main provisions of this Act that apply only in relation to retail CCIVs. If a provision is not set out in this table, disregard that fact in deciding whether or not the provision applies only to retail CCIVs.
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 8B.2 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.2, 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 following table sets out the main provisions of this Act that apply only in relation to retail CCIVs. If a provision is not set out in this table, disregard that fact in deciding whether or not the provision applies only to retail CCIVs.
| Provisions that apply only to retail CCIVs | ||
| Item | Topic | Provision(s) |
| 1 | A sub-fund of a retail CCIV may be registered as an Australian passport fund | Part 8A.3 |
| 2 | ASIC may direct a retail CCIV to modify its constitution | section 1223C |
| 3 | Content requirements for the constitution of a retail CCIV | sections 1223G and 1223H |
| 4 | Duties owed by a director of a retail CCIV | subsection 1224D(2) |
| 5 | The corporate director of a retail CCIV must have external directors | section 1224G |
| 6 | Extended responsibility of corporate director of a retail CCIV for certain acts of agents | section 1224M |
| 7 | Limitation on right of the corporate director of a retail CCIV to fees and indemnities | section 1224N |
| 8 | Limitation on right of the corporate director of a retail CCIV to acquire shares in the CCIV | section 1224P |
| 9 | Duties owed by the officers of the corporate director of a retail CCIV | section 1225 |
| 10 | Duties owed by the employees of the corporate director of a retail CCIV | section 1225F |
| 11 | Requirement for a retail CCIV to have a compliance plan | Division 4 of Part 8B.3 |
| 12 | Requirement for member approval for certain related party transactions relating to retail CCIVs (application of Chapter 2E ) | Subdivision A of Division 5 of Part 8B.3 |
| 13 | Further requirements for redemptions of shares by a retail CCIV | sections 1230G to 1230K |
| 14 | Requirements for self-acquisition by retail CCIV | subsection 1231J(2) |
| 15 | Part 2M.3 (financial and sustainability reporting) | section 1232 |
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