{"id":"F2023L00837","name":"Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2023","slug":"australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":104544,"registerId":"commonwealth-F2023L00837-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Schedule of charges","sectionType":"part","heading":"Schedule of charges","content":"#   \nSchedule of charges\n\n| Column 1Services for which the charge is imposed                                                                                                        | Column 2Amount of the charge | Column 3Person required to pay the charge | Column 4When the charge is to be paid                   |\n| ------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------- | ----------------------------------------- | ------------------------------------------------------- |\n| Provision to the ABS during the 2022 – 23 financial year of the statistical information specified in Attachment 1 concerning financial sector entities. | $188,424                     | ABS                                       | 28 days after receipt of APRA’s invoice for the charge. |\n| Provision to the RBA during the 2022 – 23 financial year of the statistical information specified in Attachment 2 concerning financial sector entities. | $311,977                     | RBA                                       | 28 days after receipt of APRA’s invoice for the charge. |\n| The development cost of the EFS collection system to be recovered for the 2022 – 23 financial year from the ABS.                                        | $45,521                      | ABS                                       | 28 days after receipt of APRA’s invoice for the charge. |\n| The development cost of the EFS collection system to be recovered for the 2022 – 23 financial year from the RBA.                                        | $57,936                      | RBA                                       | 28 days after receipt of APRA’s invoice for the charge. |\n| The maintenance and support costs of the data sharing APIs used by the RBA during the 2022 – 23 financial year.                                         | $86,293                      | RBA                                       | 28 days after receipt of APRA’s invoice for the charge. |\n\nAttachment 1 – Statistical information provided to the ABS during the 2022–23 financial year\n\n| FORM_CDE   | FORM_NAME                                                                       |\n| ---------- | ------------------------------------------------------------------------------- |\n| ARF 720.0A | ABS/RBA Statement of Financial Position (Standard)                              |\n| ARF 720.0B | ABS/RBA Statement of Financial Position (Reduced)                               |\n| ARF 720.1A | ABS/RBA Loans and Finance Leases​ (Standard)                                    |\n| ARF 720.1B | ABS/RBA Loans and Finance Leases​ (Reduced)                                     |\n| ARF 720.2A | ABS/RBA Deposits ​(Standard)                                                    |\n| ARF 720.2B | ABS/RBA Deposits (Reduced)                                                      |\n| ARF 720.3  | ABS/RBA Intra-group Assets and Liabilities ​                                    |\n| ARF 720.4  | ABS/RBA Debt Securities Held ​                                                  |\n| ARF 720.5  | ABS/RBA Equity Securities Held                                                  |\n| ARF 720.6  | ABS/RBA Securities on Issue                                                     |\n| ARF 720.7  | ABS/RBA Bill Acceptances and Endorsements                                       |\n| ARF 721.0A | ABS/RBA Repurchase Agreements and Securities Lending (Option A)                 |\n| ARF 721.0B | ABS/RBA Repurchase Agreements and Securities Lending (Option B)                 |\n| ARF 722.0  | ABS/RBA Derivatives                                                             |\n| ARF 730.0  | ABS/RBA Statement of Financial Performance                                      |\n| ARF 741.0  | ABS/RBA Business Finance                                                        |\n| ARF 742.0A | ABS/RBA Business Credit Stocks, Flows and Interest Rates (Standard)             |\n| ARF 742.0B | ABS/RBA Business Credit Stocks, Flows and Interest Rates (Reduced)              |\n| ARF 743.0  | ABS/RBA Housing Finance                                                         |\n| ARF 744.0A | ABS/RBA Housing Credit Stocks, Flows and Interest Rates (Standard)              |\n| ARF 744.0B | ABS/RBA Housing Credit Stocks, Flows and Interest Rates (Reduced)               |\n| ARF 745.0  | ABS/RBA Personal Finance                                                        |\n| ARF 746.0A | ABS/RBA Personal Credit Stocks, Flows and Interest Rates (Standard)             |\n| ARF 746.0B | ABS/RBA Personal Credit Stocks, Flows and Interest Rates (Reduced)              |\n| ARF 747.0A | ABS/RBA Deposit Stocks, Flows and Interest Rates (Standard)                     |\n| ARF 747.0B | ABS/RBA Deposit Stocks, Flows and Interest Rates (Reduced)                      |\n| ARF 748.0A | ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard)           |\n| ARF 748.0B | ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced)            |\n| SRF 720.0  | ABS Statement of Financial Position                                             |\n| SRF 721.0  | ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing |\n| SRF722.0   | ABS Derivatives Schedule                                                        |\n|            |                                                                                 |\n\nAttachment 2 – Statistical information provided to the RBA during the 2022–23 financial year\n\n| FORM_CDE   | FORM_NAME                                                             |\n| ---------- | --------------------------------------------------------------------- |\n| ARF 720.0A | ABS/RBA Statement of Financial Position (Standard)                    |\n| ARF 720.0B | ABS/RBA Statement of Financial Position (Reduced)                     |\n| ARF 720.1A | ABS/RBA Loans and Finance Leases​ (Standard)                          |\n| ARF 720.1B | ABS/RBA Loans and Finance Leases​ (Reduced)                           |\n| ARF 720.2A | ABS/RBA Deposits ​(Standard) ​                                        |\n| ARF 720.2B | ABS/RBA Deposits (Reduced)                                            |\n| ARF 720.3  | ABS/RBA Intra-group Assets and Liabilities ​                          |\n| ARF 720.4  | ABS/RBA Debt Securities Held ​                                        |\n| ARF 720.6  | ABS/RBA Securities on Issue                                           |\n| ARF 720.7  | ABS/RBA Bill Acceptances and Endorsements                             |\n| ARF 721.0A | ABS/RBA Repurchase Agreements and Securities Lending (Option A)       |\n| ARF 721.0B | ABS/RBA Repurchase Agreements and Securities Lending (Option B)       |\n| ARF 722.0  | ABS/RBA Derivatives                                                   |\n| ARF 723.0  | ABS/RBA Margin Lending                                                |\n| ARF 741.0  | ABS/RBA Business Finance                                              |\n| ARF 742.0A | ABS/RBA Business Credit Stocks, Flows and Interest Rates (Standard)   |\n| ARF 742.0B | ABS/RBA Business Credit Stocks, Flows and Interest Rates (Reduced)    |\n| ARF 743.0  | ABS/RBA Housing Finance                                               |\n| ARF 744.0A | ABS/RBA Housing Credit Stocks, Flows and Interest Rates (Standard)    |\n| ARF 744.0B | ABS/RBA Housing Credit Stocks, Flows and Interest Rates (Reduced)     |\n| ARF 745.0  | ABS/RBA Personal Finance                                              |\n| ARF 746.0A | ABS/RBA Personal Credit Stocks, Flows and Interest Rates (Standard)   |\n| ARF 746.0B | ABS/RBA Personal Credit Stocks, Flows and Interest Rates (Reduced)    |\n| ARF 747.0A | ABS/RBA Deposit Stocks, Flows and Interest Rates (Standard)           |\n| ARF 747.0B | ABS/RBA Deposit Stocks, Flows and Interest Rates (Reduced)            |\n| ARF 748.0A | ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard) |\n| ARF 748.0B | ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced)  |\n|            |                                                                       |","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"The instrument specifies amounts, recipients and payment timing for APRA’s recovery of costs in 2022–23. It does not expand APRA’s statutory functions or create new regulatory obligations beyond charging for the listed services."},"complexity_factors":["Fixed, line-item monetary amounts for each service (clear but numerous entries).","Two distinct payers (ABS and RBA) with different charges and multiple cost categories.","Uniform payment timing (28 days after APRA invoice) simplifying billing but creating a short cashflow requirement.","Attachments listing many data collection forms (ARF/SRF codes) that must be mapped to services and invoices.","Temporal limitation to the 2022–23 financial year — limited scope reduces ongoing regulatory complexity.","No discretionary criteria or formulas in the text; administrative reconciliation and invoicing are the main operational tasks."],"plain_english_summary":"APRA sets fixed fees for services it provided in 2022–23: supplying specified statistical data to the ABS and RBA, recovering development costs of the EFS collection system, and RBA API maintenance. The ABS and the RBA are the named payers and must pay each invoice within 28 days. Mechanically, the instrument allocates APRA’s service and IT costs to those agencies, which affects their budgets and creates a short, specified payment timeline."},"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"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function suggested by its title: it fixes specific charges for specific services. There is no evidence of scope creep; it is a routine annual cost-recovery determination limited to the 2022–23 financial year."},"complexity_factors":["Straightforward tabular structure with only 4 columns of operative provisions","No defined terms section or interpretation provisions","No conditional logic, exceptions, or cross-references to other legislation","Simple arithmetic: fixed dollar amounts with clear payment triggers (28 days after invoice)","Attachments are purely descriptive lists of report codes without legal effect","Total length is approximately 1 page of substantive content"],"plain_english_summary":"This APRA pricing schedule sets fees for 2022–23 to recover the cost of sharing regulatory bank data with the Australian Bureau of Statistics and the Reserve Bank of Australia. It charges the ABS and RBA for access to detailed financial reports and for developing and maintaining the electronic data‑sharing systems.\n\nBy billing those agencies (specified lump sums for each) APRA reimburses its data‑collection and IT costs so the burden isn’t borne twice by taxpayers."}},"importantCases":[],"_links":{"self":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023","history":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023/history","analysis":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023/analysis","conflicts":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023/conflicts","importantCases":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023/important-cases","documents":"/api/acts/australian-prudential-regulation-authority-instrument-fixing-charges-no-2-of-2023/documents"}}