Former corporate director to hand over books and provide reasonable assistance
(1) If the corporate director of a CCIV changes, the former corporate director must: (a) as soon as practicable give the new corporate director any books in the former corporate director’s possession or control that this Act requires to be kept in relation to the CCIV; and (b) give other reasonable assistance to the new corporate director to facilitate the change of corporate director. (2) An offence based on subsection (1) is an offence of strict liability.
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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