Document ID: chunk:federal_register_of_legislation:C2021A00124:clause:1_12h:p2
Version: federal_register_of_legislation:C2021A00124
Segment Type: clause
Provision Reference: sch 1 cl 12H (pt 2/2)
Character Range: 58978–61339

corporate is a body corporate that, in accordance with subsection (7), is critical to the security and reliability of the financial services and markets sector;
 (iii) the asset is used in connection with the carrying on of health insurance business.
Note: The rules may prescribe that a specified critical insurance asset is not a critical infrastructure asset (see section 9).
 (2) For the purposes of subparagraph (1)(a)(ii), the rules may prescribe:
 (a) specified entities that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for an entity to be critical to the security and reliability of the financial services and markets sector.
 (3) For the purposes of subparagraph (1)(b)(ii), the rules may prescribe:
 (a) specified bodies corporate that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for a body corporate to be critical to the security and reliability of the financial services and markets sector.
 (4) For the purposes of subparagraph (1)(c)(ii), the rules may prescribe:
 (a) specified entities that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for an entity to be critical to the security and reliability of the financial services and markets sector.
 (5) For the purposes of subparagraph (1)(d)(ii), the rules may prescribe:
 (a) specified bodies corporate that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for a body corporate to be critical to the security and reliability of the financial services and markets sector.
 (6) For the purposes of subparagraph (1)(e)(ii), the rules may prescribe:
 (a) specified entities that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for an entity to be critical to the security and reliability of the financial services and markets sector.
 (7) For the purposes of subparagraph (1)(f)(ii), the rules may prescribe:
 (a) specified bodies corporate that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for a body corporate to be critical to the security and reliability of the financial services and markets sector.