Corporations Act 2001
CHAPTER 8B
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CORPORATE COLLECTIVE INVESTMENT VEHICLES
PART 8B.7
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CONTROL, FINANCIAL SERVICES AND DISCLOSURE
Division 4
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Financial services and markets
SECTION 1241R
1241R
PRODUCT DISCLOSURE STATEMENTS
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WHEN A SECURITY IN A CCIV IS OF THE SAME KIND AS ANOTHER PRODUCT
For the purposes of sections 1012C and 1012D (as affected by this Part), a security in a CCIV that is referable to a sub-fund of the CCIV is of the same kind as another product only if the other product: (a) is also a security in the CCIV; and (b) is also referable to that sub-fund of the CCIV; and (c) is issued on the same terms and conditions (other than price) as the first-mentioned security.
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 8B.7 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.7, 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.
For the purposes of sections 1012C and 1012D (as affected by this Part), a security in a CCIV that is referable to a sub-fund of the CCIV is of the same kind as another product only if the other product: (a) is also a security in the CCIV; and (b) is also referable to that sub-fund of the CCIV; and (c) is issued on the same terms and conditions (other than price) as the first-mentioned security.
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