Corporations Regulations 2001
View history note
Hide history noteFor the purposes of subsection 1230R(1) of the Act, a CCIV must not acquire, in respect of a sub-fund of the CCIV (the acquiring sub-fund ), one or more shares referable to another sub-fund of the CCIV (the issuing sub-fund ) if, at the time of the proposed acquisition, the assets of the issuing sub-fund: (a) directly include; or (b) indirectly include, through one or more interposed sub-funds of the CCIV;
one or more shares referable to the acquiring sub-fund.
Note: Paragraph (b) applies if, for example, at the time of the proposed acquisition:
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