This instrument is the Financial Sector (Shareholdings) (Resolution Life) Amendment Instrument 2023.

(1) Each provision of instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. Sections 1 to 4 and anything in this instrument not elsewhere covered by this table	The day after this instrument is registered.
2. Schedule 1, Part 1	The day after this instrument is registered.
3. Schedule 1, Part 2	The 90th day after this instrument is registered.
4. Schedule 1, Part 3	The day after this instrument is registered.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority

This instrument is made under:

(a) the Financial Sector (Shareholdings) Act 1998; and

(b) the Insurance Acquisitions and Takeovers Act 1991.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Part 1—New approvals

Financial Sector (Shareholdings) (Resolution Life) Instrument 2021

1 Subsection 6(2) (after table item 25)

Insert:

25A	ATSF SPV I, LLC
25B	ATSF SPV I B, LLC

2 Subsection 6(2) (after table item 27)

Insert:

27A	Australian Council of Trade Unions	67 175 982 800
27B	Australian Ethical Investment Ltd	47 003 188 930
27C	Australian Ethical Superannuation Pty Ltd as the trustee for Australian Ethical Alternatives Fund	39 517 691 493

3 Subsection 6(2) (after table item 37)

Insert:

37A

Christina Jean Alexandrou

4 Subsection 6(2) (after table item 41)

Insert:

41A

Communications, Electrical, Electronic, Energy, Information, Postal, Plumbing and Allied Services Union of Australia – National Council

78 117 032 302

5 Subsection 6(2) (after table item 66)

Insert:

66A

Hamilton New Investment Feeder LLP

6 Subsection 6(2) (after table item 69)

Insert:

69A

Hendon Capital Limited

7 Subsection 6(2) (after table item 100)

Insert:

100A

Master Builders Australia Limited

68 137 130 182

8 Subsection 6(2) (after table item 168)

Insert:

168A

United Super Pty Ltd

46 006 261 623

Part 2—Repeals

Financial Sector (Shareholdings) (Resolution Life) Instrument 2021

9 Subsection 6(2) (table items 22 and 23)

Repeal the items.

10 Subsection 6(2) (table item 38)

Repeal the item.

11 Subsection 6(2) (table item 53)

Repeal the item.

12 Subsection 6(2) (table item 65)

Repeal the item.

13 Subsection 6(2) (table item 67)

Repeal the item.

Part 3—Amendments relating to decisions under the Insurance Acquisitions and Takeovers Act 1991

Financial Sector (Shareholdings) (Resolution Life) Instrument 2021

14 Section 3

Repeal the section, substitute:

3 Authority

This instrument is made under:

(a) the Financial Sector (Shareholdings) Act 1998; and

(b) the Insurance Acquisitions and Takeovers Act 1991.

15 After Section 7

Insert:

Part 3—Go‑ahead decision: trigger proposal relating to Resolution Life and AIA Australia

8 Unconditional go-ahead decision

Under section 41 of the Insurance Acquisitions and Takeovers Act 1991, and in compliance with the decision-making principles, the Commonwealth Government has no objection, unconditionally, to the trigger proposal by Resolution Life NOHC Pty Ltd (ABN 48 633 375 069), for Resolution Life Australasia Limited (ABN 84 079 300 379) to acquire the assets and liabilities referable to the superannuation and investment business of AIA Australia Limited (ABN 79 004 837 861) by way of a scheme to be confirmed by the Federal Court of Australia under Part 9 of the Life Insurance Act 1995.