Corporations Act 2001
View history note
Hide history noteIf: (a) a person (the controller ) is appointed as, or ceases to be, the controller of property of a sub-fund of a CCIV; and (b) one or more persons, other than the CCIV, holds assets of the sub-fund of the CCIV;
the controller must, as soon as practicable, and in any event within 3 business days after the controller ' s appointment or cessation, notify each such person in writing of the appointment or cessation.
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