Corporations Act 2001
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 8B.3 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.3, 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.
CCH Note: Division 2 is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Subdivision B is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
CCH Note: Section 1224L is modified by the ASIC Corporations (Chapter 5C - Miscellaneous Provisions) Instrument 2017/125.
Agents appointed by corporate director
1224L(1)
The corporate director has power to appoint an agent, or otherwise engage a person, to do anything that the corporate director is authorised to do in connection with the CCIV.
Note: A CCIV may also have an agent: see section 126 .
Agents appointed by CCIV and sub-agents
1224L(2)
An agent appointed, or a person otherwise engaged, by: (a) an agent or person referred to in subsection (1) ; or (b) the CCIV; or (c) a person who is taken under this subsection to be an agent of the corporate director;
to do anything that the corporate director is authorised to do in connection with the CCIV is taken to be an agent appointed by the corporate director to do that thing for the purposes of this section.
Delegation
1224L(3)
Section 198D does not apply to a CCIV.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.