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Military Superannuation and Benefits Trust Deed
11JIssue price
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11J Issue price
(1) Subject to subrule (2), the issue price of a unit for a particular day is the amount worked out using the formula: Image unavailable in extracted text where:
unit value means the unit value for the day.
estimate of acquisition costs means CSC’s estimate of the costs associated with the acquisition of the assets underlying the unit that will be incurred by CSC on that day.
(2) CSC may, if it is satisfied that it is reasonable in the circumstances, set the issue price of a unit for a transaction as the unit value for the day.