Section 1222Q — Corporations Act 2001 (Cth)

What is a sub‑fund of a CCIV

(1) A sub‑fund of a CCIV is all or part of the business of the CCIV that is registered as a sub‑fund under section 1222S.

Note: A sub‑fund of a CCIV may be registered as a passport fund: see Part 8A.3.

(2) A sub‑fund does not have legal personality.

(3) A person is a member of a sub‑fund of a CCIV if the person:

(a) is a member of the CCIV; and

(b) holds one or more shares that are referable to the sub‑fund.

Note: For when a share is referable to a sub‑fund, see section 1230.

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.

Related sections

s 1222M — Table of provisions that apply only to retail CCIVs
s 1222N — Certain CCIVs and sub‑funds must not be listed
s 1222P — Part 2B.7 does not apply to a CCIV
s 1222R — Initial sub‑funds to be registered when the CCIV is registered
s 1222S — Registration of a sub‑fund
s 1222T — Sub‑fund is established on registration

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