Corporations Regulations 2001
CHAPTER 5C
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MANAGED INVESTMENT SCHEMES
PART 5C.11
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EXEMPTIONS AND MODIFICATIONS
Division 2
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Modifications
REGULATION 5C.11.03A
5C.11.03A
HOW TO WORK OUT THE VALUE OF AN INTEREST
If a registered scheme is quoted on 2 or more prescribed financial markets, paragraph 253F(a) of the Act is to be applied so that the value of an interest in the registered scheme is taken to be the last sale price, on the market on which the scheme is listed, on the trading day immediately before the day on which the poll is taken.
If a registered scheme is quoted on 2 or more prescribed financial markets, paragraph 253F(a) of the Act is to be applied so that the value of an interest in the registered scheme is taken to be the last sale price, on the market on which the scheme is listed, on the trading day immediately before the day on which the poll is taken.
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