Section 1224F — Corporations Act 2001 (Cth)

Who can be the director of a CCIV

The only kind of person who may be appointed as the director of a CCIV is a public company that:

(a) holds an Australian financial services licence authorising it to operate the business and conduct the affairs of the CCIV; and

(b) is not a Chapter 5 body corporate.

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 1224C — General duties owed by officers
s 1224D — Duties owed by director
s 1224E — Certain provisions in Chapter 2D do not apply to CCIVs
s 1224G — Retail CCIV—additional rules about who can be the director
s 1224H — Effectiveness of acts by corporate director
s 1224J — Corporate director must operate the CCIV

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