Financial System Legislation Amendment (Resilience and Collateral Protection) Regulation 2016 (F2016L00724)

Schedule 1   Facilitating access to derivatives for superannuation funds and life insurance companies

Superannuation Industry (Supervision) Regulations 1994

7   Paragraphs 13.15A(1)(a) and (b)

Repeal the paragraphs, substitute:

(a) the charge is given in relation to a derivative to which either of the following is a party:

(i) the trustee;

(ii) another person (the agent ) acting on behalf of, on the instructions of, on account of or for the benefit of the trustee; and

(b) the charge complies with subregulation (1A), (1B) or (1C); and