(1) If a * CCIV sub - fund trust has an * ABN, the * Australian Business Registrar must enter in the * Australian Business Register in relation to the trust a statement that:
(a) indicates that the trust is taken to exist for tax purposes because of the application of section 195 - 110 to a * sub - fund of a * CCIV; and
(b) sets out the sub - fund's ARFN (within the meaning of the Corporations Act 2001 ).
Note: ARFN is short for Australian Registered Fund Number.
(2) The * Australian Business Registrar must take reasonable steps to ensure that information entered in the * Australian Business Register under this section is accurate. For this purpose, the Registrar may correct or update the information.
Guide to Division 197
197 - A What transfers into a company's share capital account does this Division apply to?
197 - B Consequence of transfer: franking debit arises
197 - C Consequence of transfer: tainting of share capital account