CORPORATIONS ACT 2001 - SECT 1228 Resolutions of CCIVs

CORPORATIONS ACT 2001 - SECT 1228

  (1)   The corporate director of a CCIV may pass a resolution by the directors of the corporate director passing a resolution that:

  (a)   expressly states that the resolution is passed on behalf of the corporate director in its capacity as corporate director; and

  (b)   if the corporate director is the corporate director of more than one CCIV--expressly states the CCIV on behalf of which the resolution is passed.

  (2)   Part   2G.1 (about directors' meetings) does not apply to a CCIV.

  (3)   To avoid doubt, subsection   (2) does not affect:

  (a)   the application of Part   2G.1 to a resolution of, or a meeting of, the directors of the corporate director of a CCIV; or

  (b)   the application of Part   2G.3 (about minutes and members' access to minutes) to a resolution passed under subsection   (1).