89VDuration of registration

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.