Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_1230v
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 1230V
Character Range: 150314–150921

1230V  General duties still apply for cross‑investment between sub‑funds
  None of the following:
 (a) the corporate director of a CCIV;
 (b) an officer, or employee, of the corporate director of a CCIV;
is relieved from any of their duties under this Act, or their fiduciary duties, in connection with an acquisition merely because the acquisition is permitted by this Subdivision.
Note: These duties include those in sections 180, 181, 182, 183 and 184 and in Divisions 2 and 3 of Part 8B.3.

Division 2—Transactions affecting share capital

Subdivision A—Reductions in share capital and share buy‑backs