Section 1241E — Corporations Act 2001 (Cth)

Certain conduct relating to CCIVs is not providing a custodial or depository service

Treat subsection 766E(3) as also providing that none of the following conduct constitutes providing a custodial or depository service:

(a) operating as a CCIV;

(b) operating the business and conducting the affairs of a CCIV;

(c) holding the money or property of a CCIV.

Note: Holding the assets of a sub‑fund of a CCIV is covered by paragraph (c) and does not constitute providing a custodial or depository service.

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 1241B — Certain licensing concepts do not apply to CCIVs
s 1241C — Extra kinds of financial services relating to CCIVs
s 1241D — CCIV buy‑back or redemption facility does not make a market
s 1241F — Australian financial services licences
s 1241G — Immediate suspensions or cancellations of licences
s 1241H — Restriction on use of certain words or expressions

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