(1) The corporate director of a CCIV is entitled, as against a liquidator of a sub - fund of the CCIV, to retain possession of books of the CCIV that relate to:
(a) the business or affairs of the CCIV as a whole; or
(b) the business or affairs of other sub - funds of the CCIV.
Note: Books that the corporate director is not entitled to retain must be delivered to the liquidator: see section 530A.
(2) Subsection (1) applies despite subsection 530B(1).
(3) In this section:
"liquidator" includes a provisional liquidator.