Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019 (40 of 2019)

Schedule 6   Portfolio holdings disclosure

Corporations Act 2001

3   Subsection 1017BB(6)

Insert:

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 availableto 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.

MySuper product has the same meaning as in the Superannuation Industry (Supervision) Act 1993.

pooled superannuation trust has the same meaning as in the Superannuation Industry (Supervision) Act 1993.

small APRA fund means a regulated superannuation fund (within the meaning of the Superannuation Industry (Supervision) Act 1993) with less than 5 members.