(1) In this section, references to a reorganisation of units in a trust scheme include -
(a) any case where persons are, whether for payment or not, allotted units in the scheme in respect of and in proportion to (or as nearly as may be in proportion to) their holdings of units in the scheme or of any class of units in the scheme, and
(b) any case where there is more than one class of units and the rights attached to units of any class are altered.
(a) Subject to paragraph (b), section 584 shall apply with any necessary modification in relation to a reorganisation or reduction of units in any unit trust scheme registered under the Unit Trusts Act, 1972, or authorised under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 1989 (S.I. No. 78 of 1989), as if (except as respects subsection (7) of that section) -
(i) that scheme were a company, and
(ii) the units in that scheme were shares in the company.
(b) Where but for this par
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