Section 1232T — Corporations Act 2001 (Cth)

Extended liability of directors of the corporate director for contraventions of Chapter 2M

(1) Section 344 applies as if each of the following were a director of a CCIV:

(a) the corporate director of the CCIV;

(b) a director of the corporate director of the CCIV.

Note: Section 344 creates civil and criminal liability for contraventions of certain provisions in Chapter 2M.

(2) Paragraph (1)(a) is included for the avoidance of doubt.

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 1232Q — People who are regarded as officers of a CCIV
s 1232R — Appointment, removal and fees of auditors for CCIVs
s 1232S — Effect of winding up of sub‑fund on office of auditor
s 1232U — Solvency resolutions
s 1233 — Meaning of property
s 1233A — References to liabilities of a CCIV

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