Section 1237ZB — Corporations Act 2001 (Cth)

Directors of the corporate director

(1) Sections 588FDA and 588FGA apply in relation to a sub‑fund of a CCIV as if each of the following were a director of a CCIV:

(a) a director of the CCIV;

(b) a director of the corporate director of the CCIV.

(2) Paragraph (1)(a) is included for the avoidance of doubt.

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 1237Y — Application of sub‑fund property
s 1237Z — Warrant in relation to books
s 1237ZA — Presumptions to be made in recovery proceedings
s 1237ZC — Vesting of PPSA security interests if collateral not registered within time
s 1238 — Duties owed by directors of corporate director of a CCIV
s 1238A — Applying property recovery provisions to CCIVs

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