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CORPORATIONS ACT 2001 - SECT 1222M

Table of provisions that apply only to retail CCIVs

                   The following table sets out the main provisions of this Act that apply only in relation to retail CCIVs. If a provision is not set out in this table, disregard that fact in deciding whether or not the provision applies only to retail CCIVs.

 

Provisions that apply only to retail CCIVs

Item

Topic

Provision(s)

1

A sub-fund of a retail CCIV may be registered as an Australian passport fund

Part 8A.3

2

ASIC may direct a retail CCIV to modify its constitution

section 1223C

3

Content requirements for the constitution of a retail CCIV

sections 1223G and 1223H

4

Duties owed by a director of a retail CCIV

subsection 1224D(2)

5

The corporate director of a retail CCIV must have external directors

section 1224G

6

Extended responsibility of corporate director of a retail CCIV for certain acts of agents

section 1224M

7

Limitation on right of the corporate director of a retail CCIV to fees and indemnities

section 1224N

8

Limitation on right of the corporate director of a retail CCIV to acquire shares in the CCIV

section 1224P

9

Duties owed by the officers of the corporate director of a retail CCIV

section 1225

10

Duties owed by the employees of the corporate director of a retail CCIV

section 1225F

11

Requirement for a retail CCIV to have a compliance plan

Division 4 of Part 8B.3

12

Requirement for member approval for certain related party transactions relating to retail CCIVs (application of Chapter 2E)

Subdivision A of Division 5 of Part 8B.3

13

Further requirements for redemptions of shares by a retail CCIV

sections 1230G to 1230K

14

Requirements for self-acquisition by retail CCIV

subsection 1231J(2)

15

Part 2M.3 (financial reporting)

section 1232



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