How to register a corporate collective investment vehicle and sub-funds
A corporate collective investment vehicle (CCIV) is a new type of company that can be registered from 1 July 2022. The CCIV framework was introduced by the Corporate Collective Investment Vehicle Framework and Other Measures Act 2022, including adding a new Chapter 8B to the Corporations Act 2001 (the Act).
A CCIV and its initial sub-fund(s) will be established upon registration. The corporate director of a CCIV may apply to register subsequent sub-funds. The registration requirement applies to both retail and wholesale CCIVs.
In broad terms, the registration process for a CCIV is similar to the process for registering a company under the Act. The registration application for a CCIV must include a copy of the CCIV’s constitution and, for a retail CCIV, a copy of the compliance plan.