Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1232t
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1232T
Character Range: 5141615–5142113

1232T  Extended liability of directors of the corporate director for contraventions of Chapter 2M
 (1) Section 344 applies as if each of the following were a director of a CCIV:
 (a) the corporate director of the CCIV;
 (b) a director of the corporate director of the CCIV.
Note: Section 344 creates civil and criminal liability for contraventions of certain provisions in Chapter 2M.
 (2) Paragraph (1)(a) is included for the avoidance of doubt.

Division 5—Updating ASIC information about CCIVs