Presumptions to be made in recovery proceedings
A reference in section 588E to financial records a company is required by subsection 286(1) to keep is taken, in relation to a winding up of a sub‑fund of a CCIV, to be a reference to both of the following: (a) financial records that the CCIV is required to keep and retain for the sub‑fund under subsection 286(1), as that subsection applies in relation to the sub‑fund under section 1232A; (b) financial records that the CCIV is required to keep and retain for itself under subsection 286(1), as that subsection applies to the CCIV under section 1232.
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.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free