New Zealand Legislation: Bills

14 Form and content of unit register

• (1) Section 18(2)(b)(i) is amended by inserting “surrender, conversion,” after “retirement,”.

  (2) Section 18(3) is amended by repealing paragraph (a) and substituting the following paragraph:

  • “(a) indivisible with respect to the issue, holding, transfer, retirement, replacement, surrender, carry over carry-over, cancellation, and conversion of a unit within the unit register; and”.