Additional reporting by CCIVs that are debenture issuers
If a retail CCIV was a borrower in relation to debentures at the end of a financial year, section 318 applies to the CCIV, in relation to each sub‑fund of the CCIV, as if: (a) the requirement in subsection 318(1) were instead a requirement to give to the trustee for debenture holders, by the deadline for the financial year set by section 315 as applied by section 1232J, a copy of each of the reports mentioned in paragraph 1232H(1)(a) for the sub‑fund; and (b) the right of a debenture holder under paragraph 318(2)(a) were instead the right to ask the CCIV for copies of the last reports provided under subsection 1232H(1) to members of the sub‑fund; and (c) the right of a debenture holder under paragraph 318(2)(b) were instead the right to ask the CCIV for copies of: (i) the full financial report and directors’ report described in section 1232C for the sub‑fund and prepared for the last financial year; and (ii) the auditor’s report relating to the sub‑fund for the last financial year; and (d) the requirement in subsection 318(4) were instead a requirement to give to the trustee for debenture holders a copy of the half‑year financial report, prepared for the sub‑fund under section 302 as applied by section 1232F, within 75 days after the end of the half‑year.
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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