Section 1233G — Corporations Act 2001 (Cth)

(1) The corporate director must retain a record of:

(a) entries made in the allocation register in relation to assets and liabilities of the CCIV; and

(b) determinations made under Subdivision B or C in relation to assets and liabilities of the CCIV (including variations made under section 1233N).

(2) The records must be retained for 7 years after the end of the year in which:

(a) for money or property—the money or property is disposed of or otherwise ceases to be money or property of the CCIV; and

(b) for a liability—the liability is discharged or otherwise ceases to be a liability of the CCIV.

Fault‑based offence

(3) A person commits an offence if the person contravenes subsection (1).

Strict liability offence

(4) A person commits an offence of strict liability if the person contravenes subsection (1).

Related sections

• s 1233D — Requirement to enter assets on the allocation register
• s 1233E — Requirement to enter liabilities on the allocation register
• s 1233F — Liquidator may require corporate director to record debt, claim or property in allocation register
• s 1233H — Meaning of assets—sub‑fund of a CCIV
• s 1233J — When an allocation determination is required
• s 1233K — When property must be converted into money etc.

Research how courts apply s 1233G

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.