unitisation

arrangements for a newly formed AUT 16 or ACS 47under which:

1. (a) the whole or part of the property of a body corporate (or a collective investment scheme) becomes the first47 scheme property 47 of the AUT or ACS47; and
2. (b) the holders of2:16
   1. 16(i) shares in the body corporate being wound up; or
   2. 16(ii) units in the collective investment scheme, the property of which is being transferred;
   become the first participants in the AUTor ACS47.1616