Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf a retail CCIV was a borrower in relation to debentures at the end of a financial year, section 318 applies to the CCIV, in relation to each sub - fund of the CCIV, as if:
(a) the requirement in subsection 318(1) were instead a requirement to give to the trustee for debenture holders, by the deadline for the financial year set by section 315 as applied by section 1232J, a copy of each of the reports mentioned in paragraph 1232H(1)(a) for the sub - fund; and
(b) the right of a debenture holder under paragraph 318(2)(a) were instead the right to ask the CCIV for copies of the last reports provided under subsection 1232H(1) to members of the sub - fund; and
(c) the right of a debenture holder under paragraph 318(2)(b) were instead the right to ask the CCIV for copies of:
(i) the full financial report and directors' report described in section 1232C for the sub - fund and prepared for the last financial year; and
(ii) the auditor's report relating to the sub - fund for the last financial year; and
(d) the requirement in subsection 318(4) were instead a requirement to give to the trustee for debenture holders a copy of the half - year financial report, prepared for the sub - fund under section 302 as applied by section 1232F, within 75 days after the end of the half - year.