direct dealing

(in COLL) the direct issue and cancellation of units in accordance with: 

  1. (a) COLL 6.2.7AR (Issue and cancellation of units by a direct dealing scheme); or
  2. (b) COLL 6.2.7AR as applied by COLL 8.5.10R (Issue and cancellation of units) or COLL 15.8.5R (Issue and cancellation of units).
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