Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1227K

Certain actions taken to vary rights etc.

    If:

  (a)   a CCIV has a sub - fund to which only one class of shares is referable (the existing shares ); and

  (b)   the CCIV issues new shares that are also referable to that sub - fund; and

  (c)   the rights attaching to the new shares are not the same as the rights attached to the existing shares; and

  (d)   the rights attaching to the new shares are not provided for in:

  (i)   the CCIV's constitution; or

  (ii)   a notice, document or resolution that is lodged with ASIC;

the issue is taken to vary the rights attached to the existing shares.



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