Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The regulations may provide that prescribed classes of assets:
(a) are assets to which the provisions of this Division do not apply; or
(b) are assets to which prescribed provisions of this Division do not apply.
(2) The regulations may make provision in relation to the holding of assets of a sub - fund of a CCIV that are in a class of assets prescribed by the regulations for the purposes of subsection (1).
(3) Without limiting subsection (1), regulations made for the purposes of that subsection may prescribe assets that are held outside of Australia in prescribed circumstances as a class of assets.