sec.522Repealed Act applies to issue of particular units in widely held unit trusts

### sec.522 Repealed Act applies to issue of particular units in widely held unit trusts Subsection (2) applies if— a unit trust scheme is taken to be a public unit trust scheme under section 56B(1A) of the repealed Act; and the start-up period for the scheme ends on or after the commencement day; and the disqualifying circumstances mentioned in section 71(3) apply to the issue of units in the unit trust. The repealed Act applies to the issue of units during the start-up period. (sec.522-ssec.1) Subsection (2) applies if— a unit trust scheme is taken to be a public unit trust scheme under section 56B(1A) of the repealed Act; and the start-up period for the scheme ends on or after the commencement day; and the disqualifying circumstances mentioned in section 71(3) apply to the issue of units in the unit trust. (sec.522-ssec.2) The repealed Act applies to the issue of units during the start-up period. - (a) a unit trust scheme is taken to be a public unit trust scheme under section 56B(1A) of the repealed Act; and - (b) the start-up period for the scheme ends on or after the commencement day; and - (c) the disqualifying circumstances mentioned in section 71(3) apply to the issue of units in the unit trust.