(1) This regulation applies to a unit trust that, immediately before the commencement of these Regulations, was a pooled superannuation trust.

(2) On the commencement of these Regulations, the unit trust continues to be a pooled superannuation trust.
(3) Subregulation (2) ceases to apply to the unit trust immediately after the time of lodgment, in accordance with subsection 36 (1) of the Superannuation Industry (Supervision) Act 1993 , of the first return in relation to the unit trust after the commencement of these Regulations.