Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 1236D

Notifying of appointment or cessation of controller

    If:

  (a)   a person (the controller ) is appointed as, or ceases to be, the controller of property of a sub - fund of a CCIV; and

  (b)   one or more persons, other than the CCIV, holds assets of the sub - fund of the CCIV;

the controller must, as soon as practicable, and in any event within 3 business days after the controller's appointment or cessation, notify each such person in writing of the appointment or cessation.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback