Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1240A

Takeovers--prohibition on acquisitions of shares in a listed CCIV

    The prohibitions in subsections   606(1) and (2) only apply to an acquisition of a relevant interest in issued voting shares in a CCIV if the CCIV is a listed company (including an acquisition resulting from an acquisition of a legal or equitable interest in securities).

Note:   A retail CCIV that has only one sub - fund may be a listed company, see section   1222N.


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