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DUTIES ACT 2000 - SECT 89V

Duration of registration

    (1)     Registration of a unit trust scheme under this Division takes effect on the day specified by the Commissioner in respect of the scheme, which may be a day occurring before the day on which registration is granted.

    (2)     Unless cancelled earlier, the duration of registration under this Division is—

        (a)     3 years for a registered declared public unit trust scheme, wholesale unit trust scheme or declared wholesale unit trust scheme;

        (b)     12 months for a registered imminent wholesale unit trust scheme.

    (3)     Registration of a unit trust scheme under this Division may be renewed on application made under section 89Q.

S. 89W inserted by No. 38/2012 s. 5.



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