sec.521Repealed Act applies to particular trust acquisitions and trust surrenders in widely held unit trusts

### sec.521 Repealed Act applies to particular trust acquisitions and trust surrenders in widely held unit trusts Subsection (2) applies if— a disposition of units in a public unit trust scheme mentioned in repealed Act, section 56B(1), definition public unit trust scheme , paragraphs (b) to (d), that is one in a series of dispositions relating to the trust was not chargeable with stamp duty under that Act; and a trust acquisition or trust surrender of a trust interest in the series mentioned in paragraph (a) in the unit trust is made on or after the commencement day; and under section 70(2), the unit trust is not a widely held unit trust. The repealed Act applies to the disposition that is the trust acquisition or trust surrender. (sec.521-ssec.1) Subsection (2) applies if— a disposition of units in a public unit trust scheme mentioned in repealed Act, section 56B(1), definition public unit trust scheme , paragraphs (b) to (d), that is one in a series of dispositions relating to the trust was not chargeable with stamp duty under that Act; and a trust acquisition or trust surrender of a trust interest in the series mentioned in paragraph (a) in the unit trust is made on or after the commencement day; and under section 70(2), the unit trust is not a widely held unit trust. (sec.521-ssec.2) The repealed Act applies to the disposition that is the trust acquisition or trust surrender. - (a) a disposition of units in a public unit trust scheme mentioned in repealed Act, section 56B(1), definition public unit trust scheme , paragraphs (b) to (d), that is one in a series of dispositions relating to the trust was not chargeable with stamp duty under that Act; and - (b) a trust acquisition or trust surrender of a trust interest in the series mentioned in paragraph (a) in the unit trust is made on or after the commencement day; and - (c) under section 70(2), the unit trust is not a widely held unit trust.