Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subparagraphs (a) (iv) and (b) (v) of the definition of authorised investment in subsection 39 (10) of the Act, each of the following is another form of investment:
(a) a bill of exchange accepted or endorsed only by a bank;
(b) a professionally managed money market trust if the Minister or the Treasurer is satisfied that:
(i) the only investments managed by the trust are mentioned
in subparagraph (a) (i), (ii) or (iii), or
(b) (i), (ii) or (iii), of the
definition of authorised investment in subsection 39 (10) of the Act, or in
paragraph (a); and
(ii) a charge over trust assets does not support any borrowings by the trust;
(c) a dematerialised security that is the equivalent of an investment mentioned in subparagraph a (iii) or (b) (iii) of the definition of authorised investment in subsection 39 (10) of the Act;
(d) a dematerialised security that is the equivalent of an investment mentioned in paragraph (a).
(2) In subregulation (1):
"dematerialised security" means a debt obligation that is registered on Austraclear.
Note The Austraclear system is operated in accordance with the Austraclear Regulations of Austraclear Limited . In mid‑2008, this was available on the internet at:
http://www.asx.com.au/supervision/pdf/sfe_operating_rules/austraclear_system_regulations.pdf