A superannuation entity's trustee or investment manager invests only where it and the counterparty deal at arm's length, or, failing that, the deal's terms give the other side no better a result than an arm's length counterpart would have gotten in the same spot (s 109(1)). If, partway through holding an investment, dealing with a non-arm's-length counterparty becomes unavoidable for the trustee or investment manager, it treats that dealing the same way it would treat an arm's length one (s 109(1A)). Both are civil penalty provisions under s 193 and Part 21 (s 109(2)).
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.