CORPORATIONS ACT 2001 - SECT 1223B Requirement for a CCIV to have a constitution

CORPORATIONS ACT 2001 - SECT 1223B

  (1)   A CCIV must have a constitution. A CCIV may not repeal its constitution unless it replaces the constitution with a new constitution.

Minimum content requirements for the constitution

  (2)   The constitution of a CCIV must comply with the requirements applicable to the CCIV under Subdivision C.

Strict liability offence

  (3)   A CCIV commits an offence of strict liability if it fails to ensure it has a constitution that complies with the requirements applicable to the CCIV under Subdivision C.