Meaning of participating economy
A Participant, within the meaning of the Memorandum of Cooperation, is a participating economy at a particular time if: (a) the Asia Region Funds Passport Joint Committee established under the Memorandum of Cooperation has published notification on the Passport website under subparagraph 5.6 of the Memorandum, at or before that time, that the Participant has effected implementation; and (b) at that time: (i) the Memorandum of Cooperation has not been terminated; and (ii) the Participant has not withdrawn from the Memorandum of Cooperation.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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