Annual financial reports and directors’ reports for sub‑funds—special rules for directors’ reports
(1) Section 300 applies in relation to a sub‑fund of a CCIV referred to in subsection 1232C(1) as if: (a) a reference in that section to options, shares or interests relating to the CCIV were instead a reference to options, shares or interests referable to the sub‑fund; and (b) a reference in that section to indemnities given, or insurance premiums paid, in relation to the CCIV were instead a reference to indemnities given, or insurance premiums paid, out of the assets of the sub‑fund. Note: This translation rule applies in addition to the translation rules in subsections 1232C(2) to (4). (2) Subsection 300(13) applies in relation to a sub‑fund of a CCIV referred to in subsection 1232C(1) as if: (a) the sub‑fund were a registered scheme; and (b) the corporate director of the CCIV were the responsible entity for the scheme; and (c) references in that subsection to interests in the scheme were instead references to shares in the CCIV referable to the sub‑fund; and (d) references in that subsection to scheme property were instead references to the property of the sub‑fund. Note: This translation rule applies in addition to the translation rules in subsections 1232C(2) to (4). (3) If a sub‑fund of a CCIV referred to in subsection 1232C(1) is a listed sub‑fund, section 300A does not apply in relation to the sub‑fund.
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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