Military Superannuation and Benefits Trust Deed
11FNet asset value
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11F Net asset value
(1) The net asset value of an Investment Division is the amount determined by CSC to be the total value of the assets of the Investment Division, less any amount representing liabilities of the Investment Division. (2) CSC may include in the assessment of net asset value an amount representing CSC’s assessment of: (a) actual or anticipated income tax liability; or (b) an actual or anticipated benefit. (3) CSC may determine a net asset value from time to time, including more than once on a particular day. (4) CSC may require an asset of an Investment Division to be valued at any time, including more than once on a particular day.