scheme of arrangement
- (a) either:
- (b) holders of units in the transferor fund or transferor
sub-fund
75
, 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.
(in COLL) an arrangement relating to an authorised fund 75 ("transferor fund") or to a sub-fund 75 of a scheme that is an umbrella ("transferor sub-fund") under which: