Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.3 - CORPORATE GOVERNANCE OF CCIVs  

Division 3 - Officers, employees and auditors of the corporate director  

Subdivision A - Officers and auditors of the corporate director  

SECTION 1225E   EXTENDED OPERATION OF SECTIONS 199A AND 199B (ABOUT INDEMNITIES AND INSURANCE)  

1225E(1)    
The operation of sections 199A and 199B in relation to a CCIV and a related body corporate of a CCIV is extended by:

(a)    treating an officer of the corporate director of the CCIV as an officer of the CCIV; and

(b)    treating an auditor of the corporate director of the CCIV as an auditor of the CCIV.

Note: If the CCIV is a retail CCIV, there are additional restrictions: see section 1224N .

1225E(2)    
For the purposes of subsection (1) , section 199B applies to a CCIV as if paragraph 199B(1)(b) included a reference to section 1225 .

Note: For the duties relevant to the actual director of the CCIV, see subsection 1224D(8) .