Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1232N

Conflict of interest situation

  (1)   Subsection   324CD(2) has effect as if the following item were added to the table in that subsection:

4

a retail CCIV

the corporate director or a former corporate director of the CCIV; or

a current or former director of the corporate director; or

a person currently or formerly involved in the management of the CCIV; or

a person currently or formerly involved in the management of the corporate director.

  (2)   Subsection   1232(1) does not apply for the purposes of subsection   324CD(2).


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