Corporate director and members of a CCIV
(1) A public company becomes the director of a CCIV on registration if the public company is specified in the application with its consent as the proposed corporate director of the CCIV. (2) A person becomes a member of a CCIV on registration if the person is specified in the application with their consent as a proposed member of the CCIV. Note: The shares taken to be issued to the member are those specified in the application: see subsection 120(2). (3) Subsection 120(1) does not apply in relation to a CCIV.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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