Section 1237R — Corporations Act 2001 (Cth)

(1) The corporate director of a CCIV is entitled, as against a liquidator of a sub‑fund of the CCIV, to retain possession of books of the CCIV that relate to:

(a) the business or affairs of the CCIV as a whole; or

(b) the business or affairs of other sub‑funds of the CCIV.

Note: Books that the corporate director is not entitled to retain must be delivered to the liquidator: see section 530A.

(2) Subsection (1) applies despite subsection 530B(1).

(3) In this section:

liquidator includes a provisional liquidator.

Related sections

• s 1237N — Duties and powers of liquidator
• s 1237P — Retention and destruction of books
• s 1237Q — Officers of corporate director to help liquidator
• s 1237S — Corporate director may access certain books
• s 1237T — Corporate director may direct ASIC not to destroy books
• s 1237U — Mandatory examination

Research how courts apply s 1237R

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