Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The corporate director of a CCIV may pass a resolution by the directors of the corporate director passing a resolution that:
(a) expressly states that the resolution is passed on behalf of the corporate director in its capacity as corporate director; and
(b) if the corporate director is the corporate director of more than one CCIV--expressly states the CCIV on behalf of which the resolution is passed.
(2) Part 2G.1 (about directors' meetings) does not apply to a CCIV.
(3) To avoid doubt, subsection (2) does not affect:
(a) the application of Part 2G.1 to a resolution of, or a meeting of, the directors of the corporate director of a CCIV; or
(b) the application of Part 2G.3 (about minutes and members' access to minutes) to a resolution passed under subsection (1).