163ZW Duration of registration
(1) Registration of a unit trust scheme under this Part takes effect
on the day specified by the Chief Commissioner in respect of the scheme, which
may be a day occurring before the day on which registration is
(2) Registration of a wholesale unit trust scheme remains in force
until it is cancelled by the Chief Commissioner.
(3) Unless cancelled earlier, registration of an imminent public unit
trust scheme or an imminent wholesale unit trust scheme remains in force for
12 months from the date on which registration takes effect or for such further
period as the Chief Commissioner may, from time to time, specify in respect of
the unit trust scheme.