Section 1230D — Corporations Act 2001 (Cth)

Redemptions to which this Subdivision applies

(1) This Subdivision applies to both of the following:

(a) a redemption by a CCIV of a redeemable share;

(b) a redemption by a CCIV of a redeemable preference share.

Note: A CCIV may reduce its share capital if the reduction results from a redemption permitted by this Subdivision: see section 1231D.

(2) Part 2H.2 does not apply to the redemption of redeemable preference shares in 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.

Related sections

s 1230A — Minimum of one class of shares per sub‑fund
s 1230B — Power to issue redeemable shares
s 1230C — Conversion of shares
s 1230E — Redeemed shares to be cancelled
s 1230F — Requirements for redemptions by all CCIVs
s 1230G — Further requirements for redemptions by retail CCIVs

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