Corporations Act 2001

CHAPTER 8B - CORPORATE COLLECTIVE INVESTMENT VEHICLES  

PART 8B.4 - CORPORATE FINANCE AND FINANCIAL REPORTING FOR CCIVs  

Division 1 - Shares  

Subdivision F - Cross-investment between sub-funds of a CCIV  

SECTION 1230V  

1230V   GENERAL DUTIES STILL APPLY FOR CROSS-INVESTMENT BETWEEN SUB-FUNDS  


None of the following:

(a)    the corporate director of a CCIV;

(b)    an officer, or employee, of the corporate director of a CCIV;

is relieved from any of their duties under this Act, or their fiduciary duties, in connection with an acquisition merely because the acquisition is permitted by this Subdivision.

Note: These duties include those in sections 180 , 181 , 182 , 183 and 184 and in Divisions 2 and 3 of Part 8B.3 .


 

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