Section 1232U — Corporations Act 2001 (Cth)

Solvency resolutions

(1) Part 2N.3 (about solvency resolutions) does not apply in relation to a CCIV.

(2) Section 348C (about ASIC requiring a solvency resolution and statement) does not apply in relation to 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 1232R — Appointment, removal and fees of auditors for CCIVs
s 1232S — Effect of winding up of sub‑fund on office of auditor
s 1232T — Extended liability of directors of the corporate director for contraventions of Chapter 2M
s 1233 — Meaning of property
s 1233A — References to liabilities of a CCIV
s 1233B — Sub‑funds to be operated as separate businesses

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