Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:3:p68
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 3 (pt 68/71)
Character Range: 562763–565527

(3)(b), work out the currency hedging ratio as follows:
 (a) first, work out the Part 6A product's strategic asset allocation, in relation to the quarter, to each covered asset class identified with the international domicile type;
 (b) next, work out the sum of the strategic asset allocations worked out under paragraph (a);
 (c) next, divide the currency exposure mentioned in subparagraph (2)(d)(ii) and paragraph (3)(b) by the result of paragraph (b);
 (d) next, subtract the result of paragraph (c) from one.
If the result of paragraph (d) is less than zero, treat it as being zero.
 (4) For the purposes of subregulation (1), if a benchmark asset allocation to a covered asset class does not identify an asset listing type for the covered asset class:
 (a) treat half of the amount of that benchmark asset allocation as identified with a listed type; and
 (b) treat half of the amount of that benchmark asset allocation as identified with an unlisted type.

Lifecycle Part 6A products
 (4A) Subregulation (4B) applies if the Part 6A product is a lifecycle Part 6A product.
 (4B) Despite subregulations (1) to (4), work out the strategic asset allocation of a lifecycle Part 6A product in relation to a lifestage and a quarter to a covered asset class for the quarter on the assumptions that:
 (a) those subregulations apply separately in respect of each lifestage of the Part 6A product; and
 (b) in applying those subregulations to a lifestage, references in this regulation to amounts reported to APRA were references to such amounts to the extent that they relate to that lifestage.

APRA's determination that information relates to particular concepts in asset allocation standards
 (5) Subregulation (6) applies if it is not possible to work out a Part 6A product's strategic asset allocation in relation to a quarter to a covered asset class for the quarter because it is not clear whether particular information relevant to that strategic asset allocation relates to a particular concept in an asset allocation standard.
Note: It may be possible to work out the strategic asset allocation under subregulations (2) to (4).

 (6) For the purposes of this regulation, treat the information as relating to a particular concept in an asset allocation standard if a determination under subregulation (7):
 (a) specifies:
 (i) the Part 6A product; and
 (ii) the superannuation entity that offers the Part 6A product; and
 (iii) the covered asset class; and
 (iv) the asset allocation standard; and
 (v) the quarter; and
 (b) states that the information relates to the concept in the asset allocation standard.
 (7) For the purposes of subregulation (6), APRA may make a determination, in writing, that:
 (a) specifies:
 (i) a Part 6A product; and
 (ii) the