Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1222d
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1222D
Character Range: 4980461–4981058

1222D  Corporate director and members of a CCIV
 (1) A public company becomes the director of a CCIV on registration if the public company is specified in the application with its consent as the proposed corporate director of the CCIV.
 (2) A person becomes a member of a CCIV on registration if the person is specified in the application with their consent as a proposed member of the CCIV.
Note: The shares taken to be issued to the member are those specified in the application: see subsection 120(2).
 (3) Subsection 120(1) does not apply in relation to a CCIV.

Subdivision C—Names of CCIVs