Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_5
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 216498–218050

5                         refers to debentures of the relevant body                                                                                                                                                                                                                                                                                       debentures referable to the sub‑fund

Note: For item 2—for example, the draft explanatory statement provided for in subsection 411(2) must state any material interests of the corporate director and of the directors of the corporate director.
 (5) Despite item 1 of the table in subsection (4), a reference covered by column 1 of that item is taken to be a reference to the CCIV if the context of the reference so requires (for example, because the reference requires the legal capacity and powers of a company).
Note 1: For example, references to the Part 5.1 body, in the context of the body as a party to a compromise or arrangement, are references to the CCIV, because the CCIV is the legal person that is a party to, and that is bound by, the compromise or arrangement.
Note 2: For example, references to the Part 5.1 body, in the context of identifying a liquidator, are references to the sub‑fund, because winding up of a CCIV takes place at the sub‑fund level.
 (6) If a reference in a provision to the relevant body is, as a result of subsection (5), taken to be a reference to the CCIV, the operation of the provision in relation to the CCIV is confined, to the extent possible, to the sub‑fund.