Certain actions taken to vary rights etc.
If: (a) a CCIV has a sub‑fund to which only one class of shares is referable (the existing shares); and (b) the CCIV issues new shares that are also referable to that sub‑fund; and (c) the rights attaching to the new shares are not the same as the rights attached to the existing shares; and (d) the rights attaching to the new shares are not provided for in: (i) the CCIV’s constitution; or (ii) a notice, document or resolution that is lodged with ASIC; the issue is taken to vary the rights attached to the existing shares.
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.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free