scheme of arrangement
- (a) either:
- (i) all or part of the property of the transferor fund, or all or part of the property attributed to the transferor 75 sub-fund 75 , is to become the property of one or more regulated collective investment schemes ("transferee 75 schemes 75 "); or
- (b) holders of units in the transferor fund or transferor
, the property of which is being transferred or reattributed under (a), are to receive, in exchange for their respective interests in that property, either:
- (i) units in the transferee 75 scheme 75 or one or more of the transferee 75 schemes 75 , to which the property is transferred; or
- (ii) units in the transferee sub-fund 75 or one or more of the transferee 52275 sub-funds 75 , to which the property is reattributed.