U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer: 21st Century Trust, Series 7
One Parkview Plaza
Oakbrook Terrace, IL 60181
2. Name of each series or class of funds for which this notice is filed:
21st Century Trust, Series 7
3. Investment Company Act File Number: 811-6451
Securities Act File Number: 33-53998
4. Last day of fiscal year for which this notice is filed: December 31, 1995
5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration: [ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Insruction A.6):
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year: -0-
8. Number and aggregate sale price of securities sold during the fiscal year:
-0-
9. Number and aggregate sale price of securities sold during the fiscal year:
11,505 $296,139
10. Number and aggregate sale price of securities issued during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
11,505 $296,139
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
Instruction B.7): -0-
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12. Calculation of registration fee;
<S> <C> <C>
(i) Aggregate sale price of securities sold during the fiscal year in reliance on rule 24f-2 (from Item 10): $ 296,139
(ii) Aggregate price of shares issued in connection with dividend reinvestment plans (from Item 11, if applicable): + -0-
(iii) Aggregate price of shares redeemed or repurchased during the fiscal year (if applicable): - 693,208
Aggregate price of shares redeemed or repurchased and previously applied as a reduction to filing fees
(iv) pursuant to rule 24e-2 (if applicable): + -0-
Net aggregate price of securities sold and issued during the fiscal year in reliance on rule 24f-2 [line (i),
(v) plus line (ii), less line (iii), plus line (iv)] (if applicable): -0-
Multiplier prescribed by Section 6(b) of the Securities Act of 1933 or other applicable law or regulation (see
(vi) Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: -0-
</TABLE>
Instruction: Issuers should complete lines (ii), (iii), (iv) and (v) only
if the form is being filed within 60 days after the close of the issuer's
fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of Informal
and Other Procedures (17 CFR 202.3a). [ x ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title) /s/*
Sandra A. Waterworth - Vice President
Date:
*Please print the name and title of the signing officer below the signature.
Chapman and Cutler
111 West Monroe Street
Chicago, Illinois 60603
February 15, 1996
Van Kampen American Capital Distributors, Inc.
One Parkview Plaza
Oakbrook Terrace, Illinois 60181
Re: 21st Century Trust, Series 7 (the "Trust")
Gentlemen:
We have served as counsel for Van Kampen American Capital
Distributors, Inc. ("Van Kampen"), as administrator of the Trust in
connection with the preparation, execution and delivery of a Trust
Indenture and Agreement for the above-captioned series of which Unison
Investment Trusts, LTD. is Depositor and Bank of New York is Trustee,
pursuant to which the Depositor has delivered to and deposited securities
listed in Schedule A to the Trust Indenture and Agreement with the
Trustee and pursuant to which the Trustee has issued to or on the order
of the Depositor a certificate or certificates representing an aggregate
number of Units of fractional undivided interest in and ownership of the
Trust created under said Trust Indenture and Agreement.
In connection therewith, we have examined such pertinent records and
documents and matters of law as we have deemed necessary in order to
enable us to express the opinions hereinafter set forth.
Based upon the foregoing, we are of the opinion that the
certificates evidencing the Units in the Trust constitute valid and
binding obligations of the Trust in accordance with the terms thereof.
Very truly yours,
CHAPMAN AND CUTLER
MJK/cjw
