18Units in payment rights

18  Units in payment rights  (2) The first objective is that each payment right is to be divided into units, where each unit has a face value of $32.  (3) The second objective is that the number of units into which a payment right is divided is to be worked out as follows:  (a) divide the number of dollars in the face value of the payment right by 32;  (b) if the result of the division is a whole number—that number is the number of units in the payment right;  (c) if the result of the division is less than 1—there is 1 unit in the payment right;  (d) if the result of the division is greater than 1, but is not a whole number:  (i) round the result of the division up or down to the nearest whole number (rounding up in the case exactly half‑way between 2 whole numbers); and  (ii) the rounded number is the number of units in the payment right.