Subsection 1351(4) has effect in relation to a review fee payable to the Commonwealth by a CCIV in relation to a review date in a year as if paragraph 1351(4)(a) were substituted with the following:
"(a) all of the following apply:
(i) ASIC has given notice of the proposed deregistration of a sub - fund of the CCIV in accordance with paragraph 1239(5)(c), and published notice of the proposed deregistration of the sub - fund in accordance with paragraph 1239(5)(d);
(ii) as a result of ASIC deregistering the sub - fund, ASIC will be required to deregister the CCIV under section 1239K;
(iii) the review date for that year falls in the 2 month period before or after the publication of the notice published in accordance with paragraph 1239(5)(d); or".