Document ID: chunk:federal_register_of_legislation:F2022C00868:reg:55:p4
Version: federal_register_of_legislation:F2022C00868
Segment Type: reg
Provision Reference: reg 55 (pt 4/4)
Character Range: 119781–120863

market on which it was last traded at the time of valuation and if traded simultaneously the financial market determined by the valuation entity under section 53.
member of a CIS means a person who holds an interest in the CIS.
money market instrument: see section 24.
net asset value per interest of a passport fund means the market value of the assets of the passport fund, calculated in accordance with Division 7.2 less any liabilities, other than liabilities to members as members, divided by the number of interests in the passport fund and if there is more than one class of interest in a passport fund on the basis of the assets, liabilities and interests attributable to the class.
officer of an entity includes a director and a Chief Executive Officer of the entity, or their equivalents.
operator of a regulated CIS: see section 56.
Passport Regulator, for a participating economy, has the meaning shown in the following table and includes an entity that is a successor to the regulatory functions of a Passport Regulator:

Item  Participating economy  Passport Regulator