CORPORATIONS ACT 2001 - SECT 1223G Retail CCIV--Basic content requirements

CORPORATIONS ACT 2001 - SECT 1223G

    A retail CCIV's constitution must do the following:

  (a)   make provision for the establishment of sub - funds, and classes of shares referable to sub - funds;

  (b)   make provision for the method by which complaints made by members in relation to the CCIV are to be dealt with;

  (c)   state that the CCIV has the power to borrow or raise money;

  (d)   if there are to be any limits on the CCIV's exercise of the power to borrow or raise money--sets out those limits;

  (e)   if the CCIV is to acquire in respect of any of its sub - funds, one or more shares that are referable to another of its sub - funds--make provision for such acquisitions.