56TUnit trust schemes

56T Unit trust schemes Unless the context indicates or requires otherwise, this Division applies to a unit trust scheme as if: (a) the unit trust scheme were a corporation; and

Stamp Duty Act 1978 68 (b) a unit in the unit trust scheme were a share in a corporation; and (c) the acquisition of units in the unit trust scheme were the acquisition of shares in a corporation; and (d) a reference to the constitution or rules of a corporation were a reference to the constituent documents of a unit trust scheme; and (e) a reference to a winding-up of a corporation were a reference to a termination of a unit trust scheme.