Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If:
(a) a compromise or arrangement is proposed for the purposes of, or in connection with, a scheme for the reconstruction of a sub - fund or sub - funds or the amalgamation of 2 or more sub - funds; and
(b) under the scheme, the whole or any part of the undertaking or of the property of a sub - fund concerned in the scheme (the transferor sub - fund ) is to become a part of the undertaking or of the property of another sub - fund of the same CCIV;
the Court may by order provide for any of the matters referred to in subsection 413(1) as if the other sub - fund were the transferee company referred to in that subsection.
(2) Nothing in this section limits the orders a Court may make under section 413 if it approves a compromise or arrangement relating to a sub - fund of a CCIV.