Document ID: chunk:federal_register_of_legislation:F2022C00868:reg:6
Version: federal_register_of_legislation:F2022C00868
Segment Type: reg
Provision Reference: reg 6
Character Range: 121208–122810

6     Thailand               Securities and Exchange Commission

regulated CIS: see section 56.
related party: see section 57.
relevant hedging arrangements: see section 40.
relevant netting arrangements: see section 40.
risk‑assessed government securities: see section 30.
securities lending arrangement: see section 28.
sub‑fund: a CIS is a sub‑fund if:
 (a) the CIS forms part of a regulated CIS that also includes another CIS; and
 (b) the assets of the CIS cannot be lawfully applied under:
 (i) if the CIS is a passport fund—any laws of the home economy for that passport fund; or
 (ii) if a passport fund holds an interest in the CIS—any laws of the home economy for the passport fund holding the interest (whether or not the CIS is also a passport fund);
  except in meeting liabilities or otherwise for the CIS or the entitlements of members in the CIS.
transferable security: see section 23.
unquoted transferable security means a transferable security that the operator does not reasonably believe on any business day in the place in which it is acquired by the passport fund, can be reliably valued and sold for that value and includes any transferable security that:
 (a) is not traded on a financial market; and
 (b) is not approved for trading on a financial market.
USD means the lawful currency of the United States of America.
value of the assets of a passport fund means the market value of the assets of the passport fund, including derivatives and securities lending arrangements, after deducting any liabilities of the passport fund other than liabilities to members as members.