The Government has released for public consultation the second tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018 and explanatory materials.
The Corporate Collective Investment Vehicle (CCIV) will offer an internationally recognisable investment vehicle which can be readily marketed to foreign investors, including through the Asia Region Funds Passport.
The Government previously released the tranche 1 draft Bill for consultation on 13 June 2018. Submissions for tranche 1 closed on 18 July 2018.
Closing date for submissions: 10 August 2018
Source: The Commonwealth of Australia