CORPORATIONS ACT 2001 - SECT 1232N Conflict of interest situation
CORPORATIONS ACT 2001 - SECT 1232N
Conflict of interest situation(1) Subsection 324CD(2) has effect as if the following item were added to the table in that subsection:
4 | the corporate director or a former corporate director of the CCIV; or a current or former director of the corporate director; or a person currently or formerly involved in the management of the CCIV; or a person currently or formerly involved in the management of the corporate director. |
(2) Subsection 1232(1) does not apply for the purposes of
subsection 324CD(2).