Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1222C

    If:

  (a)   an application to register a company as a CCIV is lodged under section   117; and

  (b)   the company meets the requirements for registration as a CCIV set out in section   1222;

ASIC may take the steps set out in paragraphs 118(1)(a), (b) and (c) for the company.

Note 1:   The CCIV comes into existence on registration: see section   119.

Note 2:   ASIC must also register at least one sub - fund of the CCIV: see paragraph   1222(d) and section   1222R.