Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_1222
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 1222
Character Range: 12120–13103

1222  Requirements for registration as a CCIV
  The requirements for registration of a company as a CCIV are as follows:
 (a) the company is a company limited by shares;
 (b) the company has a constitution;
 (c) the sole proposed director of the company is a public company that holds an Australian financial services licence authorising it to operate the business and conduct the affairs of a CCIV;
 (d) the company will, upon registration, have at least one sub‑fund;
 (e) each sub‑fund of the company will, upon registration, have at least one member;
 (f) a notice under subsection 1222A(4) (about whether a CCIV is to be a retail CCIV or a wholesale CCIV) has been lodged with the application;
 (g) if the company will, on registration, be a retail CCIV—the company has a compliance plan.
Note: CCIV is short for corporate collective investment vehicle, which is a type of company that can be registered under this Act: see section 112.

Subdivision B—How a CCIV is registered