CORPORATIONS ACT 2001 - SECT 1234D Requirement for security interests to be segregated
CORPORATIONS ACT 2001 - SECT 1234D
Requirement for security interests to be segregatedA CCIV must not grant a security interest in personal property of the CCIV if the personal property comprises assets of 2 or more sub - funds of the CCIV.
Note: For the consequences of a contravention of this requirement, see
section 1234F.