CANANDAIGUA NATIONAL COLLECTIVE INV FD FOR QUAL TRUSTS
485B24F, 1997-08-11
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                                                File No. 33-53698
                                                     and 811-7322

                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C.  20549
                       ____________________

                             FORM N-1A
                      REGISTRATION STATEMENT
                 UNDER THE SECURITIES ACT OF 1933 [X]

                  Pre-Effective Amendment No. __       [   ]
                  Post-Effective Amendment No.  6      [X]

                              and/or

                      REGISTRATION STATEMENT
             UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]

                          Amendment No. 7
                 (Check Appropriate Box or Boxes)
                       ____________________

          CANANDAIGUA NATIONAL COLLECTIVE INVESTMENT FUND
               FOR          QUALIFIED         TRUSTS

        (Exact Name of Registrant as Specified in Charter)

         72 SOUTH MAIN STREET, CANANDAIGUA, NEW YORK 14424
       (Address of Principal Executive Office and Zip Code)

     REGISTRANT'S TELEPHONE NUMBER: 1-800-724-2621 (EXT. 216)
                       ____________________

                    Robert G. Sheridan, Cashier
          The Canandaigua National Bank and Trust Company
                       72 South Main Street
                    CANANDAIGUA, NEW YORK 14424
              (Name and Address of Agent for Service)

                             Copy to:
                       Thomas P. Young, Esq.
                      Underberg & Kessler LLP
                         1800 Chase Square
                     Rochester, New York 14604

                     (Continued on next page)


           Approximate Date of Proposed Public Offering:
              Registration Statement Became Effective
                         December 11, 1992

      It is proposed that this filing will become effective:
                      (Check appropriate box)

          [ X ] Immediately upon filing pursuant to Paragraph (b)
          [   ] On [date] pursuant to Paragraph (b)
          [   ] 60 Days After Filing pursuant to Paragraph (a)(1)
          [   ] On [date] pursuant to Paragraph (a)(1)
          [   ] 75 days after filing pursuant to Paragraph (a)(2)
          [   ] On [date] pursuant to Paragraph (a)(2) of Rule 485

If appropriate, check the following box:
          [   ] This post-effective amendment designates  a  new  effective
               date for a previously filed post-effective amendment.

                DECLARATION PURSUANT TO RULE 24f-2:

Pursuant  to  Rule  24f-2  under  the  Investment  Company  Act of 1940, as
amended, the Registrant hereby elects to register an indefinite  number  of
units  of  beneficial  interest  in  the  Registrant.


Pursuant  to  General  Instruction  E  to  Form N-1A, the Registrant hereby
incorporates by reference herein the contents  of  its prior filing on this
Form, Post-Effective Amendment No. 5, which was filed  with  the Commission
on April 29, 1997.



<PAGE>
                            SIGNATURES


     Pursuant  to  the requirements of the Securities Act of 1933  and  the
Investment Company Act  of 1940 and by authorization of a power of attorney
filed with the Securities and Exchange Commission, the Registrant certifies
that  it  meets  all  of  the   requirements   for  effectiveness  of  this
Registration Statement pursuant to Rule 485(b) under  the Securities Act of
1933 and has duly caused this Registration Statement to  be  signed  on its
behalf by the undersigned, thereto duly authorized as attorney-in-fact  for
the officers and members of the Supervisory Committee of the Registrant, in
Canandaigua, New York on the 11th day of August, 1997.


                         CANANDAIGUA NATIONAL
                         COLLECTIVE INVESTMENT FUND
                         FOR QUALIFIED TRUSTS


                         By: /S/ ROBERT J. SWARTOUT, SECRETARY

                            Robert    J.   Swartout,   Secretary   of   the
                            Supervisory
                            Committee and as attorney-in-fact for Robert J.
                            Craugh, Chairman  of the Supervisory Committee,
                            Gregory S. MacKay,  Treasurer and member of the
                            Supervisory Committee,  and  Robert  N. Coe and
                            Donald    C.   Greenhouse,   members   of   the
                            Supervisory Committee.



<PAGE>
                           EXHIBIT INDEX
<TABLE>
<CAPTION>



EXHIBIT
NUMBER                         DOCUMENT DESCRIPTION                        LOCATION
<S>                    <C>                                              <C>
11.1                   Consent of Morga Jones & Hufsmith, P.C.          Filed herewith
</TABLE>

C:\TPY\CNB\N1APEA6.REG



EXHIBIT 11.1

CONSENT OF INDEPENDENT AUDITORS

The Canandaigua National Collective Investment Fund for Qualified Trusts

As  independent  public  accountants,  we  hereby consent to the use of our
report and all references to our firm included  in  or  made a part of this
Form  N-1A Registration Statement Post-Effective Amendment  No.  6  of  the
Canandaigua National Collective Investment Fund for Qualified Trusts.


/s/  Morga, Jones & Hufsmith, P.C.

Canandaigua, New York
August 8, 1997



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