<section id="navPoint_252"><h5 id="v0-p-3874"><strong>51</strong><strong>  </strong><strong>Declaration of assets by the Minister</strong></h5><ul><li><span>(1)</span><p id="v0-p-3875">The Minister may, in writing, declare a particular asset to be a critical infrastructure asset if:</p><ul><li><span>(a)</span><p id="v0-p-3876">the asset is not otherwise a critical infrastructure asset; and</p></li><li><span>(b)</span><p id="v0-p-3877">the asset relates to a critical infrastructure sector; and</p></li><li><span>(c)</span><p id="v0-p-3878">the Minister is satisfied that the asset is critical to:</p><ul><li><span>(i)</span><p id="v0-p-3879">the social or economic stability of Australia or its people; or</p></li><li><span>(ii)</span><p id="v0-p-3880">the defence of Australia; or</p></li><li><span>(iii)</span><p id="v0-p-3881">national security; and</p></li></ul></li><li><span>(d)</span><p id="v0-p-3882">there would be a risk to:</p><ul><li><span>(i)</span><p id="v0-p-3883">the social or economic stability of Australia or its people; or</p></li><li><span>(ii)</span><p id="v0-p-3884">the defence of Australia; or</p></li><li><span>(iii)</span><p id="v0-p-3885">national security;</p></li></ul><p id="v0-p-3886">  if it were publicly known that the asset is a critical infrastructure asset.</p></li></ul><p id="v0-p-3887">Note: It is an offence to disclose the fact that an asset is declared to be a critical infrastructure asset (see section 45).</p></li><li><span>(2)</span><p id="v0-p-3888">The declaration must specify the entity that is the responsible entity for the asset.</p></li><li><span>(2A)</span><p id="v0-p-3889">The declaration may do any or all of the following:</p><ul><li><span>(a)</span><p id="v0-p-3890">determine that Part 2 applies to the asset;</p></li><li><span>(b)</span><p id="v0-p-3891">determine that Part 2A applies to the asset;</p></li><li><span>(c)</span><p id="v0-p-3892">determine that Part 2B applies to the asset.</p></li></ul></li><li><span>(3)</span><p id="v0-p-3893">The Minister must notify the following of the declaration, in writing, within 30 days after making the declaration:</p><ul><li><span>(a)</span><p id="v0-p-3894">each reporting entity for the asset;</p></li><li><span>(b)</span><p id="v0-p-3895">if the asset is a tangible asset located (wholly or partly) in a State, the Australian Capital Territory or the Northern Territory—the First Minister of the State, the Australian Capital Territory or the Northern Territory, as the case requires.</p></li></ul></li><li><span>(5)</span><p id="v0-p-3896">A declaration under subsection (1) is not a legislative instrument.</p></li></ul></section>