Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1017bb:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1017BB (pt 2/2)
Character Range: 4400211–4401779

regulations prescribed for the purposes of this paragraph; or
 (c) an investment item invested solely to support a defined benefit interest (within the meaning of the Income Tax Assessment Act 1997); or
 (d) an investment item invested in a life policy, or investment account contract, of a kind described in subparagraph 1017BA(4)(a)(i), (ii) or (iii); or
 (e) an investment item of a kind prescribed by the regulations for the purposes of this paragraph.
Note: An investment item covered by any of paragraphs (b) to (e) will not be a disclosable item.
 (5AA) A person contravenes this subsection if the person contravenes subsection (1) or (2), or regulations made for the purposes of subsection (3).
Note: This subsection is a civil penalty provision (see section 1317E).

Definitions
 (6) In this section:
investment item means an asset or a derivative.
investment option, for a registrable superannuation entity, means:
 (a) an investment pool maintained within the entity; or
 (b) a financial product made available to a member of the entity:
 (i) that is a managed investment scheme or other pooled investment; and
 (ii) in respect of which section 1012IA applies if there is, or will be, a regulated acquisition of the product (within the meaning of that section).
member, in relation to a superannuation fund (within the meaning of the Superannuation Industry (Supervision) Act 1993), has the same meaning as in that Act.
reporting day means 30 June and 31 December each year.
small APRA fund means a regulated superannuation fund with no more than 6 members.