Corporations Act 2001
View history note
Hide history noteFor the purposes of the application of the winding up provisions, as those provisions apply subject to item 1 of the table in subsection 1237B(4) : (a) a debt of the CCIV is taken to be a debt of a sub-fund to the extent (if any) that the debt is a liability of the sub-fund; and (b) a claim against the CCIV is taken to be a claim against a sub-fund of the CCIV to the extent (if any) that the claim is a liability of the sub-fund.
Note: A reference to a liability of a sub-fund of a CCIV includes debts and claims: see section 1233A .
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