Section 1230U — Corporations Act 2001 (Cth)

Cross‑investment between sub‑funds is not a share buy‑back

For the purposes of section 1231C and Division 2 of Part 2J.1, the acquisition by a CCIV of any of its shares is not a buy‑back of the share if:

(a) the acquisition is in respect of a sub‑fund of the CCIV; and

(b) the share is referable to another of the CCIV’s sub‑funds.

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 1230R — Requirements or restrictions for cross‑investment
s 1230S — Consequences for failing to comply with requirements or restrictions for cross‑investment
s 1230T — Requirements or restrictions on membership rights for shares acquired from cross‑investment
s 1230V — General duties still apply for cross‑investment between sub‑funds
s 1231 — Purpose
s 1231A — CCIV may make reduction not otherwise authorised

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