Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Section 300 applies in relation to a sub - fund of a CCIV referred to in subsection 1232C(1) as if:
(a) a reference in that section to options, shares or interests relating to the CCIV were instead a reference to options, shares or interests referable to the sub - fund; and
(b) a reference in that section to indemnities given, or insurance premiums paid, in relation to the CCIV were instead a reference to indemnities given, or insurance premiums paid, out of the assets of the sub - fund.
Note: This translation rule applies in addition to the translation rules in subsections 1232C(2) to (4).
(2) Subsection 300(13) applies in relation to a sub - fund of a CCIV referred to in subsection 1232C(1) as if:
(a) the sub - fund were a registered scheme; and
(b) the corporate director of the CCIV were the responsible entity for the scheme; and
(c) references in that subsection to interests in the scheme were instead references to shares in the CCIV referable to the sub - fund; and
(d) references in that subsection to scheme property were instead references to the property of the sub - fund.
Note: This translation rule applies in addition to the translation rules in subsections 1232C(2) to (4).
(3) If a sub - fund of a CCIV referred to in subsection
1232C(1) is a listed sub - fund, section 300A does not apply in
relation to the sub - fund.