Document ID: chunk:federal_register_of_legislation:F2023C00831:reg:5:p10
Version: federal_register_of_legislation:F2023C00831
Segment Type: reg
Provision Reference: reg 5 (pt 10/11)
Character Range: 23428–26127

financial year in which the calculation date occurs.
IDPS has the same meaning as in ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
IDPS property means, in relation to an IDPS, property acquired or held through the IDPS other than property held by a client of the IDPS.
liquid assets means in relation to a financial services licensee:
(a) cash or cash equivalents other than a commitment of the kind referred to in paragraph (d) of the definition of cash or cash equivalents; and
(b) assets that the licensee can reasonably expect to realise for their market value within 6 months;
       that are free from encumbrances and, in the case of receivables, free from any right of set-off.
market participant means a participant as defined in section 761A in relation to a financial market where both the following apply:
(a)  the market is operated by any of the following:
(i) ASX Limited ACN 008 624 691;
(ii)  Cboe Australia Pty Limited ACN 129 584 664;
(iii) FEX Global Pty Ltd ACN 124 127 224 (FEX market);
(iv)  National Stock Exchange of Australia Limited ACN 000 902 063;
(v)  Australian Securities Exchange Limited ACN 000 943 377 (ASX 24 market);
(vi)  Sydney Stock Exchange Limited ACN 080 399 220;
(b)  the participant:
(i) in all cases—is required to comply with, and complies with, the rules of the ASIC Market Integrity Rules (Capital) 2021, taking into account any waiver by ASIC; and
(ii) in the case of the ASX market—restricts its financial services business to participating in the ASX 24 market and incidental business; and
(iii)  in the case of the FEX market—restricts its financial services business to participating in the FEX market and its incidental business.
NTA means adjusted assets minus adjusted liabilities.
revenue means revenue within the meaning given by the accounting standards.
stapled group means the group of entities consisting of:
(a) one or more stapled issuers who are issuers of securities or managed investment products that must be transferred together; and
(b) all wholly-owned entities of the stapled issuers.
stapled issuer means an entity (including a sub-fund of a retail CCIV) for which a security or managed investment product of the entity must be transferred together with a security or managed investment product of one or more other entities under:
(a) the terms on which it is traded on a prescribed financial market; or
(b) the constitution of the entity; or
(c) the terms of issue.
value of assets means the value of the assets determined as follows:
(a) in the case of assets that would be recognised in preparing a balance sheet under Chapter 2M—the value as if at that time such a balance sheet was being