Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1230T

Voting at a meeting of the CCIV's members

  (1)   Despite any other provision of this Act, a CCIV's acquisition mentioned in subsection   1230Q(1) of one or more shares referable to one of its sub - funds does not entitle the CCIV to vote as a member on a resolution at a meeting of the CCIV's members.

Voting at a meeting of members of a sub - fund of the CCIV

  (2)   A CCIV's acquisition mentioned in subsection   1230Q(1) of one or more shares referable to one of its sub - funds entitles the CCIV to vote as a member on a resolution at a meeting of the members of the sub - fund.

  (3)   A CCIV's entitlement to vote as described in subsection   (2) applies:

  (a)   despite any other provision of this Act; but

  (b)   subject to any requirements or restrictions prescribed by regulations made for the purposes of this paragraph.