{"id":"F2017L00741","name":"Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2017","slug":"australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":96583,"registerId":"commonwealth-F2017L00741-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2017","content":"![](image.001.png)\n\nAustralian Prudential Regulation Authority instrument fixing charges No. 2 of 2017\n\nApproval of ADIs’ applications to the RBA’s Committed Liquidity Facility - Calendar Year 2016\n\nAustralian Prudential Regulation Authority Act 1998\n\nI, Stephen Brian Matthews, a delegate of APRA, under paragraph 51(1)(a) and (b) of the Australian Prudential Regulation Authority Act 1998 FIX the charges specified in the attached Schedule of charges in respect of the specified services provided by, and applications made to, APRA.\n\nThis instrument commences on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.\n\nDated: 22 June 2017\n\n\\[Signed\\]\n\nStephen Brian Matthews\n\nExecutive General Manager (Corporate)\n\nInterpretation\n\nIn this instrument\n\nADI is short for authorised deposit-taking institution and has the meaning given in section 5 of the Banking Act 1959.\n\nAPRA means the Australian Prudential Regulation Authority.\n\nRBA means the Reserve Bank of Australia\n\n \nSchedule of charges\n\n```html\n

Column 1

Nature of services and applications for which the charge is imposed

Column 2

Amount of the charge[1] [2] [3]

Column 3

Person required to pay the charge

Column 4

When the charge is to be paid

Review of applications made to APRA under Attachment A, paragraph 16 of Prudential Standard APS 210 – Liquidity made under subsection 11AF(1) of the Banking Act 1959 and assessment and determination of appropriate size of Committed Liquidity Facility (CLF) sought by ADIs and offered by the RBA.

$11,000

  • Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 10.

14 days after receipt of APRA’s invoice for the charge.

The invoice may be issued at any time after the date of this instrument.

$16,500

  • Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 15.

$33,000

  • Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 30.

$88,000

  • Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 80.
\n```\n\n---\n\n[\\[1\\]](#_ftnref1) Inclusive of GST.\n\n[\\[2\\]](#_ftnref2) Charge per entity.\n\n[\\[3\\]](#_ftnref3) Non-refundable and payable whether or not the ADI obtains approval.","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument does not change APRA’s regulatory scope; it fixes fees for APRA’s assessment and determination of CLF size and access for ADIs applying under APS 210 (Attachment A, para 16). It prescribes who pays (the applicant ADI), the fee amounts (four tiers), GST treatment, non-refundability and payment timing, but does not broaden or narrow the statutory power to assess CLF applications."},"complexity_factors":["Simple, finite fee schedule with four discrete tiers tied to APRA-estimated assessment days","Cross-reference to existing prudential standard (APS 210, Attachment A, para 16) and Banking Act provisions for scope of the charged service","Payment mechanics specified (14 days from invoice) and GST treatment explicit (inclusive)","Non-refundable nature and applicability regardless of approval increases compliance cost certainty but not calculation complexity","Instrument issued under a single delegated power (paragraph 51(1)(a) and (b) of APRA Act) with no complex administrative discretion in the text","Temporal specificity in title (Calendar Year 2016) limits application period"],"plain_english_summary":"Sets fixed fees APRA will charge authorised deposit-taking institutions (ADIs) for APRA’s review of applications under Attachment A, paragraph 16 of Prudential Standard APS 210 for access to the Reserve Bank’s Committed Liquidity Facility (CLF). Fees are tiered by APRA-estimated assessment days ($11,000; $16,500; $33,000; $88,000), inclusive of GST, non-refundable and payable within 14 days of invoice.\n\nThe charge is payable by the ADI making the CLF access application and is due whether or not APRA approves the application, imposing a direct, up-front administrative cost on applicants."},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument has a narrow, specific purpose consistent with its title and enabling legislation. It fixes charges for a particular service (CLF application assessments) for a specific time period (calendar year 2016 applications). There is no evidence of scope creep or expansion beyond the original intent of cost recovery for prudential supervision."},"complexity_factors":["Very short document (approximately 1 page of substantive content)","Only 3 defined terms (ADI, APRA, RBA)","Simple tabular structure with 4 fee tiers based on a single variable (estimated assessment days)","No cross-references to other legislation beyond naming the enabling Act","No conditional logic or exceptions — straightforward fee schedule","Single purpose instrument with narrow, specific scope"],"plain_english_summary":"APRA’s 2017 instrument sets four fixed fees ($11,000–$88,000) that authorised deposit‑taking institutions must pay when applying for access to the RBA’s Committed Liquidity Facility for 2016, with levels tied to estimated APRA assessment days. \n\nFees are charged per entity, include GST, are non‑refundable and payable within 14 days; the instrument simply recovers APRA’s cost of assessing CLF access under Australia’s post‑GFC liquidity regime."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017","history":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017/history","analysis":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017/analysis","conflicts":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017/conflicts","importantCases":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017/important-cases","documents":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2017/documents"}}