Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 3   ALRC Financial Services Interim Report: single glossary of defined terms contingent amendments

Part 4   Schedule 6 to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023

Corporations Act 2001

20   At the end of section 9AD

Add:

(4) For the purposes of Chapter 2M, an officer of a registrable superannuation entity is:

(a) if the RSE licensee for the entity is a constitutional corporation (within the meaning of the Superannuation Industry (Supervision) Act 1993) or a body corporate - an officer of the constitutional corporation or body corporate; or

(b) if the RSE licensee for the entity is a group of individual trustees:

(i) each of those trustees; or

(ii) a person who makes, or participates in making, decisions that affect the whole, or a substantial part, of the business of the entity; or

(iii) a person who has the capacity to affect significantly the entity's financial standing.