(1) To change the name of a sub - fund of a CCIV, the CCIV may lodge an application to ASIC in the prescribed form stating the proposed name of the sub - fund.
(2) However, no application may be lodged with ASIC under subsection (1) while the sub - fund is in liquidation.
(3) If the proposed name meets the requirements of section 1222V, ASIC must change the sub - fund's name by altering ASIC's record of the sub - fund's registration to reflect the change. The change of name takes effect when ASIC alters ASIC's record of the sub - fund's registration.