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CORPORATIONS ACT 2001 - SECT 1230U Cross - investment between sub - funds is not a share buy - back

CORPORATIONS ACT 2001 - SECT 1230U

Cross - investment between sub - funds is not a share buy - back

    For the purposes of section   1231C and Division   2 of Part   2J.1, the acquisition by a CCIV of any of its shares is not a buy - back of the share if:

  (a)   the acquisition is in respect of a sub - fund of the CCIV; and

  (b)   the share is referable to another of the CCIV's sub - funds.