Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
CCH note - modifying legislative instruments: The application of Pt 7.8 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669 (Div 8 only) (as amended by ASIC Corporations (Amendment) Instrument 2024/554).
For legislative instruments or class orders before 1 January 2022 that affect the application of Pt 7.8, 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 (Incidental Retail Cover) Instrument 2022/716.
CCH Note: Subdivision A is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.
CCH Note: Section 981F is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.
The regulations may include provisions dealing with how money in an account maintained for the purposes of section 981B , or an investment of such money, is to be dealt with if: (a) the licensee ceases to be a financial services licensee; or (b) the licensee becomes insolvent, within the meaning of the regulations; or (c) the licensee merges with another financial services licensee; or (d) the licensee ceases to carry on some or all of the activities authorised by their licence.
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