Submission - Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 

The Property Council welcomes the opportunity to provide comments to the Senate Economics Legislation Committee regarding the provisions of the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 (the Bill).

The property industry supports the introduction of a Corporate Collective Investment Vehicle (CCIV) framework and welcomes the Government’s commitment to enhancing flexibility and choice for Australian fund managers through the introduction of a CCIV regime aligned with the robust and successful Managed Investment Trust (MIT) and attribution MIT (AMIT) frameworks.