Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1234H

Person other than CCIV holds money or property on trust

             (1)  A person other than the CCIV who holds money or property of the CCIV is taken to hold the money or property on trust for the CCIV.

             (2)  To avoid doubt, nothing in this Chapter is intended to have the effect of making a CCIV or its corporate director a trustee or trustees of the money or property of the CCIV.



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