Document ID: chunk:federal_register_of_legislation:C2025C00045:section:12d:p1
Version: federal_register_of_legislation:C2025C00045
Segment Type: section
Provision Reference: s 12D (pt 1/3)
Character Range: 88192–90997

12D  Meaning of critical financial market infrastructure asset
 (1) An asset is a critical financial market infrastructure asset if it is any of the following assets:
 (a) an asset that:
 (i) is owned or operated by an Australian body corporate that holds an Australian market licence; and
 (ii) is used in connection with the operation of a financial market that, in accordance with subsection (2), is critical to the security and reliability of the financial services and markets sector;
 (b) an asset that:
 (i) is owned or operated by an associated entity of an Australian body corporate that holds an Australian market licence; and
 (ii) is used in connection with the operation of a financial market that, in accordance with subsection (2), is critical to the security and reliability of the financial services and markets sector;
 (c) an asset that:
 (i) is owned or operated by an Australian body corporate that holds an Australian CS facility licence; and
 (ii) is used in connection with the operation of a clearing and settlement facility that, in accordance with subsection (3), is critical to the security and reliability of the financial services and markets sector;
 (d) an asset that:
 (i) is owned or operated by an associated entity of an Australian body corporate that holds an Australian CS facility licence; and
 (ii) is used in connection with the operation of a clearing and settlement facility that, in accordance with subsection (3), is critical to the security and reliability of the financial services and markets sector;
 (e) an asset that:
 (i) is owned or operated by an Australian body corporate that holds a benchmark administrator licence; and
 (ii) is used in connection with the administration of a significant financial benchmark that, in accordance with subsection (4), is critical to the security and reliability of the financial services and markets sector;
 (f) an asset that:
 (i) is owned or operated by an associated entity of an Australian body corporate that holds a benchmark administrator licence; and
 (ii) is used in connection with the administration of a significant financial benchmark that, in accordance with subsection (4), is critical to the security and reliability of the financial services and markets sector;
 (g) an asset that:
 (i) is owned or operated by an Australian body corporate that holds an Australian derivative trade repository licence; and
 (ii) is used in connection with the operation of a derivative trade repository that, in accordance with subsection (5), is critical to the security and reliability of the financial services and markets sector;
 (h) an asset that:
 (i) is owned or operated by an associated entity of an Australian body corporate that holds an Australian derivative trade repository licence; and
 (ii) is used