Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1225e
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1225E
Character Range: 5049659–5050421

1225E  Extended operation of sections 199A and 199B (about indemnities and insurance)
 (1) The operation of sections 199A and 199B in relation to a CCIV and a related body corporate of a CCIV is extended by:
 (a) treating an officer of the corporate director of the CCIV as an officer of the CCIV; and
 (b) treating an auditor of the corporate director of the CCIV as an auditor of the CCIV.
Note: If the CCIV is a retail CCIV, there are additional restrictions: see section 1224N.
 (2) For the purposes of subsection (1), section 199B applies to a CCIV as if paragraph 199B(1)(b) included a reference to section 1225.
Note: For the duties relevant to the actual director of the CCIV, see subsection 1224D(8).

Subdivision B—Employees of the corporate director