Commonwealth Consolidated Acts

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

CORPORATIONS ACT 2001 - SECT 1241E

Certain conduct relating to CCIVs is not providing a custodial or depository service

                   Treat subsection 766E(3) as also providing that none of the following conduct constitutes providing a custodial or depository service :

                     (a)  operating as a CCIV;

                     (b)  operating the business and conducting the affairs of a CCIV;

                     (c)  holding the money or property of a CCIV.

Note:          Holding the assets of a sub-fund of a CCIV is covered by paragraph (c) and does not constitute providing a custodial or depository service .



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback