Section 1241T — Corporations Act 2001 (Cth)

Main requirements

(1) Treat subsection 1013D(1) as also including the following paragraph:

“(la) if the product is a share in a CCIV, and the CCIV’s constitution makes provision for acquisitions described in paragraph 1223G(e)—a statement to the effect that the CCIV may acquire, in respect of any of its sub‑funds, one or more shares that are referable to another of its sub‑funds; and”.

(2) Treat subsection 1013D(2A) as also including securities in a CCIV.

Extra requirements for ED securities in a CCIV

(3) Section 1013I also applies as if:

(a) references in that section to managed investment products included references to securities in a CCIV; and

(b) references in that section to a scheme included references to the CCIV.

Related sections

• s 1241Q — Part 7.9 applies to the issue or sale of securities in a CCIV
• s 1241R — Product Disclosure Statements—when a security in a CCIV is of the same kind as another product
• s 1241S — Product Disclosure Statements—situations when not required for CCIVs
• s 1241U — Product Disclosure Statements—replacement statements
• s 1241V — Product Disclosure Statements—lodging with ASIC
• s 1241W — Product Disclosure Statements—use of application forms

Research how courts apply s 1241T

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.