CCIVs back on track

In the Federal budget released in early May, the Government announced a revised commencement date of 1 July 2022 for the new Corporate Collective Investment Vehicle (CCIV) regime.

First announced in the 2016-17 budget, a CCIV is an investment vehicle with a corporate structure which, among other things, provides flowthrough tax treatment. The regime is being introduced to enhance the international competitiveness of the Australian managed funds sector by allowing offerings of investment products using vehicles that are more familiar to overseas investors. Background details are included in our article First full view of the CCIV regime.

Our Funds Management team has been preparing for the introduction of the CCIV changes and will keep you up to date with further developments. Contact our lawyers if you need to know more.