Document ID: chunk:federal_register_of_legislation:F2023L00591:reg:4:p2
Version: federal_register_of_legislation:F2023L00591
Segment Type: reg
Provision Reference: reg 4 (pt 2/3)
Character Range: 87177–90563

Alternatives Multi Strategy
                                                                                   Alternatives Insurance Linked Securities
                                                                                   Alternatives Real Return Multi Asset Strategies
                                                                                   Alternatives Commodities
                                                                                   Alternatives Other
                                                                                   Not Applicable
                                                                                   Not Available
Currency Exposure                           Not Applicable                         Not Applicable                                             Not Applicable

[1] For the purposes of this Reporting Standard, an RSE licensee's 'business operations' includes all activities it conducts as an RSE licensee (including the activities of each RSE of which it is the licensee), and all other activities of the RSE licensee to the extent that they are relevant to, or may impact on, its activities as an RSE licensee. For the avoidance of doubt, if the RSE licensee is trustee of more than one RSE, defined benefit RSE, pooled superannuation trust (PST) or ERF, the RSE licensee must separately provide the information required by this Reporting Standard for each RSE, defined benefit RSE, PST or ERF within its business operations. An RSE licensee that does not have any RSEs, defined benefit RSEs, PSTs or ERFs within its business operations is not required to provide information under this Reporting Standard.
[2] Refer also to Prudential Standard SPS 310 Audit and Related Matters (SPS 310).
[3] Refer to Prudential Standard SPS 510 Governance.
[4] For the purposes of this Reporting Standard, 'pooled superannuation trust' has the meaning given in subsection 10(1) of the SIS Act, 'small APRA fund' means a superannuation entity that is a regulated superannuation fund, within the meaning of the SIS Act, which no more than six members and 'single member approved deposit fund' means a superannuation entity that is an approved deposit fund, within the meaning of the SIS Act, which has only one member.
[5] Subsection 13(4B) of the Financial Sector (Collection of Data) Act 2001 means that a contract between the RSE licensee or a person connected with the RSE licensee such as a related body corporate or relevant custodian (the first party), and a person connected with the RSE licensee (the second party), under which assets or assets derived from assets of the registrable superannuation entity are invested, is taken to include (1) a term requiring the first party to notify the second party that the assets are or are derived from a registrable superannuation entity, and (2) a term requiring the second party, if so notified, to provide the information required by this reporting standard of which they are aware.
[6] For example, if an RSE licensee invests in a managed investment scheme, the responsible entity of which is not a related body corporate of the RSE licensee, the responsible entity is still a person connected with the RSE licensee, under paragraph (c) of the definition of that term.  If the managed investment scheme in turn invests in a private equity vehicle, the trustee