New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 157AF

157AF Cancellation of registration

(1) The Chief Commissioner may cancel the registration of a unit trust scheme at any time if the Chief Commissioner is satisfied a disqualifying circumstance has occurred in relation to the scheme.

(2) Registration is cancelled on the Chief Commissioner giving written notice of the cancellation to the responsible entity for the scheme including the reasons for the cancellation.