Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.6 - EXTERNAL ADMINISTRATION AND DEREGISTRATION  

Division 3 - Receivers, and other controllers, of property of sub funds  

Subdivision B - Appointment of controllers  

SECTION 1236B   APPOINTMENT OF A CONTROLLER OF PROPERTY OF A SUB-FUND OF A CCIV  

1236B(1)    
An appointment covered by subsection (2) :

(a)    may not be made in relation to all the property of a CCIV; and

(b)    may be made only in relation to property of a CCIV that is property of a particular sub-fund of the CCIV.

1236B(2)    
The appointments covered by this subsection are appointments, whether made under a power contained in an instrument, or by a Court, of a person to act as a:

(a)    receiver; or

(b)    receiver and manager; or

(c)    controller;

of property of the CCIV.

Note: A Court may appoint a receiver under section 233 , 283HB , 1101B or 1323 .