Document ID: chunk:federal_register_of_legislation:C2021A00124:clause:1_12j
Version: federal_register_of_legislation:C2021A00124
Segment Type: clause
Provision Reference: sch 1 cl 12J
Character Range: 61341–62221

12J  Meaning of critical superannuation asset
 (1) An asset is a critical superannuation asset if:
 (a) it is owned or operated by a registrable superannuation entity that, in accordance with subsection (2), is critical to the security and reliability of the financial services and markets sector; and
 (b) it is used in connection with the operation of a superannuation fund.
Note: The rules may prescribe that a specified critical superannuation asset is not a critical infrastructure asset (see section 9).
 (2) For the purposes of paragraph (1)(a), the rules may prescribe:
 (a) specified registrable superannuation entities that are critical to the security and reliability of the financial services and markets sector; or
 (b) requirements for a registrable superannuation entity to be critical to the security and reliability of the financial services and markets sector.