Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.5 - OPERATING A CCIV  

Division 4 - Purposes for which sub-fund assets may be applied  

SECTION 1234  

1234   UNALLOCATED MONEY AND PROPERTY MAY NOT BE APPLIED FOR ANY PURPOSE  

Money or property of a CCIV that has not been clearly identified in the CCIV ' s allocation register as forming part of the assets of a sub-fund or sub-funds of the CCIV may not be applied, or dealt with, whether directly or indirectly, for any purpose.