sec.250Power to apportion particular expenditure and payments made before commencement

sec.250 Power to apportion particular expenditure and payments made before commencement

This section applies if— before the commencement, a trustee expended money or made a payment under the repealed Act, section 33(1)(a) to (f); and immediately before the commencement, the trustee had not apportioned the expenditure or payment under the repealed Act, section 33(1)(g). Section 86 applies to the trustee as if the reference in section 86(1) to expenditure made under section 85 included a reference to the expenditure or payment made under the repealed Act, section 33(1)(a) to (f). (sec.250-ssec.1) This section applies if— before the commencement, a trustee expended money or made a payment under the repealed Act, section 33(1)(a) to (f); and immediately before the commencement, the trustee had not apportioned the expenditure or payment under the repealed Act, section 33(1)(g). (sec.250-ssec.2) Section 86 applies to the trustee as if the reference in section 86(1) to expenditure made under section 85 included a reference to the expenditure or payment made under the repealed Act, section 33(1)(a) to (f).

• (a) before the commencement, a trustee expended money or made a payment under the repealed Act, section 33(1)(a) to (f); and
• (b) immediately before the commencement, the trustee had not apportioned the expenditure or payment under the repealed Act, section 33(1)(g).