Corporate Collective Investment Vehicle Framework and Other Measures Act 2022 (8 of 2022)

Schedule 3   Corporate collective investment vehicles: amendments of other Acts

Australian Securities and Investments Commission Act 2001

11   Subsection 59(6)

Repeal the subsection, substitute:

(6) A body corporate may be represented at a hearing by:

(a) unless paragraph (b) applies - an officer or employee of the body corporate approved by ASIC; or

(b) if the body corporate is a CCIV - any of the following persons approved by ASIC:

(i) an officer of the CCIV (other than the corporate director of the CCIV);

(ii) an officer or employee of the corporate director of the CCIV.