Section 1234H — Corporations Act 2001 (Cth)

Person other than CCIV holds money or property on trust

(1) A person other than the CCIV who holds money or property of the CCIV is taken to hold the money or property on trust for the CCIV.

(2) To avoid doubt, nothing in this Chapter is intended to have the effect of making a CCIV or its corporate director a trustee or trustees of the money or property of the 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 1234E — Court orders
s 1234F — Consequences of non‑compliant application of assets
s 1234G — Who may hold the assets of a CCIV
s 1234J — How CCIV money and property must be held
s 1234K — Regulations may create exceptions
s 1235 — Construing terms and expressions affected by substituted references

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