A reference in this Act to a financial asset is a reference to:
(a) an asset that, in accordance with GFS Australia, is treated as a financial asset for the purposes of the GFS system in Australia; or
(b) an asset specified in regulations made for the purposes of this paragraph;
but does not include a reference to an asset that, under the regulations, is taken to be a non - financial asset for the purposes of this Act.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003 .