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CORPORATIONS ACT 2001 - SECT 1230Q Cross - investment between sub - funds is permitted

CORPORATIONS ACT 2001 - SECT 1230Q

Cross - investment between sub - funds is permitted

  (1)   Despite any law, a CCIV may acquire in respect of any of its sub - funds, one or more shares that are referable to another of its sub - funds.

Note:   Requirements or restrictions may apply, see section   1230R.

  (2)   To avoid doubt, a law referred to in subsection   (1) includes:

  (a)   any written law; or

  (b)   any unwritten law such as a principle or rule of common law or equity;

that is or has been in force anywhere in Australia or elsewhere.