{"id":"F2005L01674","name":"Financial Sector (Collection of Data) determination No. 30 of 2005","slug":"financial-sector-collection-of-data-determination-no-30-of-2005","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":35711,"registerId":"commonwealth-F2005L01674-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Objective of this reporting standard","sectionType":"division","heading":"Objective of this reporting standard","content":"### Objective of this reporting standard\n\nThis reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 (the Collection of Data Act). It requires general insurers (insurers) to provide APRA with information on public liability, product liability and professional indemnity policies in force during a reporting period.","sortOrder":0},{"sectionNumber":"Method of submission","sectionType":"part","heading":"Method of submission","content":"# Method of submission\n\n7. Reports required by this reporting standard must be rendered in comma separated values (CSV) format in accordance with the Data Specifications, and must be provided either:\n\n(a) electronically through the web site [www.ncpd.apra.gov.au](http://www.ncpd.apra.gov.au), by logging on using the relevant customer identification number and password provided by Fujitsu Australia (as agent of APRA), and following the instructions on that web site; or\n\n(b) on CD-ROM, which must be sent by post to Fujitsu Australia (as agent of APRA), Level 16, 15 Blue Street, North Sydney, NSW, 2060.\n\n8. Despite paragraph 7, APRA may, in writing, make either or both of the following determinations:\n\n(a) a determination that reports required by this reporting standard must be provided in accordance with alternative information technology requirements specified by APRA in the determination; and\n\n(b) a determination that reports required by this reporting standard must be provided to APRA or an agent of APRA at an alternative address in accordance with requirements specified in the determination.","sortOrder":1},{"sectionNumber":"Authorisation","sectionType":"part","heading":"Authorisation","content":"# Authorisation\n\n9. Reports provided by an insurer in accordance with this reporting standard must be the product of processes and controls developed by the insurer for the internal review and authorisation of the information contained in the reports. It is the responsibility of the board and senior management of the insurer to ensure that an appropriate set of policies and procedures for the authorisation of data provided to APRA is in place.\n\n10. Fujitsu Australia (as agent of APRA) will provide each insurer with a customer identification number. If an insurer proposes to submit reports required by this reporting standard using the method in paragraph 7(a) (i.e. via the website), the insurer must apply for a password by viewing the web page referred to in paragraph 7(a), quoting the insurer’s customer identification number and following the instructions for applying for a password on that page. Fujitsu Australia will advise the insurer’s Chief Financial Officer of the password for the insurer. When a report is provided using the method in paragraph 7(a), the insurer will be required to quote its customer identification number and password. Upon successful validation of the customer identification and password a secure session will be created and the report will be encrypted before transmission.\n\n11. If a report required by this reporting standard is provided using the method in paragraph 7(b) (i.e. on CD\\-ROM), it must be provided under cover of a letter signed by either:\n\n(a) the Principal Executive Officer of the insurer; or\n\n(b) the Chief Financial Officer of the insurer.\n\n12. Despite paragraphs 10 and 11, where APRA has made a determination under subparagraph 8(a) or (b) specifying an alternate method of submission, APRA may also determine in writing that:\n\n(a) a specified person (who need not be the Principal Executive Officer or Chief Financial Officer) of the insurer;\n\n(b) a person holding a specified position (which need not be the position of Principal Executive Officer or Chief Financial Officer) of the insurer; or\n\n(c) a person authorised by the insurer to use the insurer’s customer identification number and password,\n\nmay, or must, authorise (in a manner specified) information provided by the insurer under this reporting standard.","sortOrder":2},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"part","heading":"Minor alterations to forms and instructions","content":"# Minor alterations to forms and instructions\n\n13. APRA may:\n\n(a) make minor variations to the Data Specifications (either generally, or in relation to a class of insurers, or in relation to a particular insurer) to correct technical, programming or logical errors, inconsistencies or anomalies;\n\n(b) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) an occupation code or description in Appendix B to the Data Specifications, if APRA forms the view that the existing code or description is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations; or\n\n(c) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) a specification in a Table in the Data Specifications, if APRA forms the view that the specification is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations.\n\n14. If APRA makes such a variation it must notify affected insurers in writing.\n\nInterpretation\n\n15. In this reporting standard:\n\nagent of APRA means a person appointed under s 47 of the Australian Prudential Regulation Authority Act 1998 to receive data on behalf of APRA.\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Financial Officer means the person having the function of chief financial officer of the insurer, by whatever name called, and whether or not he or she is a member of the governing board of the entity, and if there is no such person means a person who performs similar functions to those commonly performed by a chief financial officer.\n\nData Specifications means the Data Specifications in the Schedule.\n\nFujitsu Australia means Fujitsu Australia Limited ABN 19 001 011 427.\n\ngeneral insurer has the same meaning as in the Insurance Act 1973.\n\ninsurer means a general insurer.\n\nPrincipal Executive Officer means the principal executive officer of the insurer for the time being, by whatever name called, and whether or not he or she is a member of the governing board of the entity.\n\nproduct liability insurance includes policies that provide for compensation for loss and or injury caused by, or as a result of, the use of goods.\n\nprofessional indemnity insurance includes:\n\n(a) insurance that provides cover for a professional for actions taken against that professional in tort, contract or under statute law in respect of advice or services provided as part of their professional practice, including cover in respect of damages and legal expenses;\n\n(b) directors’ and officers’ liability insurance and legal expense insurance; and\n\n(c) medical indemnity insurance.\n\npublic liability insurance includes:\n\n(a) insurance covering legal liability to the public in respect of bodily injury or property damage arising out of the operation of the insured’s business; and\n\n(b) insurance in respect of environmental clean-up costs resulting from pollution where not covered by Fire and Industrial Special Risk policies.\n\nreportable policy means an insurance policy, entered into on or after 1 January 2003, of product liability insurance, professional indemnity insurance or public liability insurance, but does not include:\n\n(a) reinsurance or retrocession cover;\n\n(b) marine insurance; or\n\n(c) domestic householder’s or owner’s insurance, or tenant’s liability insurance, sold in conjunction with a building or contents policy; or\n\n(d) an insurance policy solely in relation to an event that could neither occur in Australia nor in relation to an insured resident of Australia.\n\n16. For the purposes of paragraphs 3 and 6, where a report must be provided no later than a particular date, an insurer is required to ensure that the report is received by the person to whom it must be provided (whether APRA or an agent of APRA) no later than that date.","sortOrder":3},{"sectionNumber":"Policy Record Data Field Definitions","sectionType":"division","heading":"Policy Record Data Field Definitions","content":"### Policy Record Data Field Definitions\n\n1.  Insurer code\n\nA unique code assigned by APRA to each contributor\n\n2. Class of Business\n\n-   PL = Public & Product\n-   PI = Professional Risk\n\n3. Record type\n\n-   P = Policy record\n\n  \n\n4. Policy Basis\n\n-   C = Claims Made basis\n-   L = Losses Incurred basis\n\n5. Status\n\n-   N = New\n-   R = Renewal\n\nCode R where the insurer made a renewal offer to the policyholder and the policy was renewed, whether or not adjustments were made to policy details or coverage on renewal, i.e. there is effective continuity with the insurer, even if the policy is not technically renewed, such as with claims made policies under the Insurance Contracts Act. Code all other policy records as N.\n\nThe Status on an endorsement or cancellation should match that of the base policy. That is, endorsements on a renewed policy would have a status of 'R', while an endorsement on a new policy would have a status of 'N'.\n\n6. Month of End of Reporting Period\n\nThe data for each submission will relate to a six month period. Enter as DDMMYYYY the last day of the period being reported, e.g. insert 30062004 for data relating to the six months ending 30 June 2004.\n\n7. Policy Number\n\nA unique policy identifier (which may relate to several separate risk records) by which the exposure and premium information on each individual record can be identified. This information is only used for cross-referencing by APRA – it will not be published except in any individual data reports prepared for the insurer concerned.\n\n8. Risk Number\n\nA unique risk identifier (which may be the same as the policy number if the policy contains a single risk) by which the exposure and premium information on each individual record can be identified. This information is only used for cross-referencing by APRA – it will not be published except in any individual data reports prepared for the insurer concerned.\n\n9. Product Type (Table 1)\n\n| Class                                                                   | Public & Products | Professional Risk |\n| ----------------------------------------------------------------------- | ----------------- | ----------------- |\n| Public liability (pure)                                                 | PUB               |                   |\n| Products liability (pure) and product recall                            | PRO               |                   |\n| Mixed public/products cover ('Broadform' liability)                     | BRD               |                   |\n| Construction liability                                                  | CON               |                   |\n| Environmental impairment liability                                      | EIL               |                   |\n| Excess Liability                                                        | EXL               |                   |\n| Excess Umbrella                                                         | EXU               |                   |\n| Umbrella covers                                                         | UMB               |                   |\n| Other                                                                   | PLO               |                   |\n| Professional indemnity (not medical malpractice) and errors & omissions |                   | PII               |\n| Association Liability                                                   |                   | ASN               |\n| Directors' and Officers' liability                                      |                   | D&O               |\n| Defamation Insurance                                                    |                   | DFI               |\n| Employment Practices                                                    |                   | EPL               |\n| Financial Institutions Policy                                           |                   | FIP               |\n| Information & Communication Technology Insurance                        |                   | ICT               |\n| Medical Indemnity/Malpractice                                           |                   | MAL               |\n| Superannuation Trustees                                                 |                   | STL               |\n| Other                                                                   |                   | PIO               |\n\nNote: where business is written as part of a package policy, the “Product type” is to be based on the nature of the cover offered, as set out in the above table. The fact that cover is sold in conjunction with other types of insurance is not collected.\n\n10. Original Inception Date\n\nEnter as DDMMYYYY the date when cover under this policy was first issued to the client. Where this information is not available, enter a hyphen (“-”).\n\n11. Date of Commencement/Inception (Term Inception Date)\n\nEnter as DDMMYYYY the start date of the reported policy term. For new business this must be the same value as field 10.\n\n12. Effective Start Date\n\nEnter as DDMMYYYY the start date on which the period of exposure commenced for the set of rating factors reported with this record. If the record is an endorsement, the 'effective start date' is the date on which the endorsement commenced. If the record is a cancellation, both the 'effective start date' and 'effective end date' will be the date that the policy was cancelled. Where the record is not an endorsement or cancellation, the 'effective start date' should equal the 'term inception date'.\n\nWhere there are multiple endorsements in one reporting period, each endorsement must be reported.\n\nNote: If there are transactions (e.g. multiple endorsements with the same effective start and end dates or an endorsement covering the entire policy term) that duplicates the unique record key, then these records must be aggregated to create a single record that contains the latest statistical data relative to the policy. Where there is an endorsement that covers the entire policy term, the endorsement record should be aggregated with the new business or renewal record to represent the endorsed policy details.\n\n  \n\n13. Term Expiry Date\n\nEnter as DDMMYYYY the end date of the reported policy term. This date is to remain unchanged for a cancellation to enable the correct calculation of GEP.\n\n14. Effective End Date (for the purpose of tracking endorsements & cancellations)\n\nEnter as DDMMYYYY the date on which the period of exposure is due to cease for the set of rating factors reported with this record. If the record is an endorsement, the 'effective end date' will be the date on which the endorsement concludes. If the record is a cancellation, both the 'effective start date' and 'effective end date' will be the date that the policy was cancelled. Where the record is not an endorsement or cancellation, the 'effective end date' should equal the 'term expiry date'\n\n15. Premium (This field is not used)\n\nYou can choose to submit data for either 15a (Gross Annualised Premium) or 15b (Gross Earned Premium). However, you can submit data for both items if you have it available.\n\nIf you only provide GAP, the NCPD will calculate the GEP based on this amount. The system will not prevent you from reporting both. Where only one field is populated, the alternative field should be reported with a blank or a hyphen (“-“) but not a zero.\n\n15a. Gross Annualised Premium\n\nIn this field insert (your co-insured share of) the gross annualised premium in force based on the rating factors represented by this record (in whole $, no decimal points). Exclude all statutory charges (Stamp Duty, GST, and also exclude Fire Service Levies) but include others costs (such as commissions and instalment charges). If the policy is for a term other than twelve (12) months, pro-rate the premium to a 12-month period.\n\nNote that the premium for “short term events” cover should not be annualised. “Short Term Events” are defined as those that cover a specific period that is less than one month e.g. a sporting event over a long weekend or an annual festival.\n\nWhere a number of risks are reported separately, only the premium associated with that risk should be reported.\n\nNote that this is NOT the gross written premium – it is the rate of premium for a full 12 months cover based on the rating factors that apply to the policy at the effective start date (field 12).\n\nFor the principle policy, the GAP must be reported in each and every reporting period, i.e. the original GAP amount will be reported each time the record is reported.\n\nFor an endorsement, the incremental change in GAP should be reported. For example, if the original policy was an annualised $1,000, and an endorsement to the policy increased the total premium (from inception) by $100, to $1,100, then $100 should be reported as the GAP on the endorsement record.\n\nFor a cancellation, the reported GAP amount will be the annualised amount (if any) refunded to the policy holder, stated as a negative. Negative numbers should be reported with a minus sign '-'.\n\nWhere records are aggregated due to duplication of the unique record key, the GAP must be the combined value of the GAP for all of the aggregated records.\n\nIn some cases (particularly endorsements) it would not be unusual to have a zero annualised premium.\n\n15b. Gross Earned Premium (GEP)\n\nIn this field, insert (your co-insured share of) the earned amount of gross annual premium for the exposure of this policy during the reporting period (in whole $, no decimal points) between the effective start date (field 12) and effective end date (field 14). Include the same components as for gross annualised premium.\n\nWhere a number of risks are reported separately, only the premium associated with that risk should be reported.\n\nFor endorsements and cancellations, the GEP should still be the earned amount of gross annual premium for the exposure of this endorsement or cancellation during the reporting period (in whole $, no decimal points) between the effective start date of the endorsement or cancellation (field 12) and effective end date of the endorsement or cancellation (field 14).\n\nFor an endorsement, the GEP will recognise the value of the premium earned on the endorsement for the relevant reporting period. For example, if the written premium on the endorsement was an incremental increase of $200, the GEP reported for the endorsement would represent the premium earned during the reporting period in respect of the incremental $200 written.\n\nNegative numbers should be reported with a minus sign '-'.\n\nWhere records are aggregated due to duplication of the unique record key, the GEP must be the combined value of the GEP for all of the aggregated records.\n\n16. Gross Written Premium (GWP)\n\nIn this field insert (your co-insured share of) the gross written premium for the exposure of this policy. Exclude all statutory charges (Stamp Duty, GST, and also exclude Fire Service Levies) but include others costs (such as commissions and instalment charges).\n\nWhere a number of risks are reported separately, only the premium associated with that risk should be reported.\n\nFor endorsements and cancellations, the incremental change in GWP should be stated.\n\nFor the principle policy, the GWP must be reported in each and every reporting period, i.e. the original GWP amount will be reported each time the record is reported.\n\nFor an endorsement, the incremental change in GWP should be reported. For example, if the original policy was for $1,000, and an endorsement to the policy increased the total premium by $200, to $1,200, then $200 should be reported as the GWP on the endorsement record.\n\nFor a cancellation, the reported GWP amount will be the amount (if any) refunded to the policy holder, stated as a negative amount. Negative numbers should be reported with a minus sign '-'.\n\nWhere records are aggregated due to duplication of the unique record key, the GWP must be the combined value of the GWP for all of the aggregated records.\n\n17. Risk Factor (This field is not used)\n\nRisk factor is a measure of the relative exposure that the policy represents. This should be the total value of the organisation, not the insurer’s share of risk (but see note on policy field item 23 below).\n\nAll fields from 17a to 17e must be provided with either a blank or a value based on the definitions below. At least one of the fields must be contain a value and if 17e contains a value then 17f must provide a brief description. Each field may be reported in whole dollars or as a band. If you report fields in bands, show the range of the band in whole dollars e.g. if turnover is up to $5 million, enter “1-5000000”, if between $20 million and $50 million, “20000001-50000000”. Commas must be excluded from all numbers.\n\n17a. Turnover\n\nMost recently declared annual turnover represented by this risk record.\n\n17b. Total Assets\n\nMost recent prior year business assets represented by this risk record.\n\n17c. Professional Fees\n\nMost recent prior year annual professional fees represented by this risk record.\n\n17d. Total number of staff\n\nMost recent prior year number of full-time equivalent staff members employed in the insured business or practice, whether or not members of a profession.\n\n17e. Other\n\nIf any of 17a, 17b, 17c or 17d contains a value, then this field must be blank. However if none is applicable then this field must contain a value and a brief description of the risk factor must be provided in field 17f.\n\n  \n\n17f. Other Description\n\nIf 17e contains a value, this field must contain a brief description of the risk factor of the value provided in field 17e.\n\n18. State \\[Required for professional risk\\]\n\nFor professional risks, this should be the state (ACT, NSW, NT, QLD, SA, TAS, VIC and WA) where work is done; if multi-state cover is provided, include the state where the majority of work is done. For EPL and D&O, provide the state where the head office is located. This would be expected to be sourced from data for stamp duty split purpose.\n\nWhere this information is not available for public and products liability, enter a hyphen (“-“).\n\n19. Postcode \\[Required for public and products liability\\]\n\nEnter the Postcode of the location of the principal risk. If not available, enter the postcode of the head office or the postal address of the policyholder.\n\nWhere this information is not available for professional risk, enter a hyphen (“-“).\n\n20. Excess/Deductible/Attachment Point\n\nHow much of any claim that an insured must bear before the insurer becomes liable (in whole dollars). Where different levels exist for different causes of claim, enter the excess that is most commonly applied for such policies, or where that is not available, the minimum applied.\n\nFor Liability XOL policies, the attachment point should be reported.\n\n21. Limit of Indemnity\n\nInsert your (share of the) limit of indemnity in whole dollars disregarding any excess payments by the insured.\n\n22. Nature of Insured Organisation/Occupation\n\nFor Public and Products Liability, EPL and D&O risks, use the principal classification of the business from the latest edition of Catalogue Number 1292.0 Australian and New Zealand Standard Industrial Classification (ANZSIC), published by the Australian Bureau of Statistics and available on their web site. Provide data at the 4-digit ANZSIC code level. Any reports or publications will be aggregated to the 2 digit level ANZSIC.\n\nResidential strata owners’ liability is collected under ANZSIC classification 7711- Residential Property Operators, whereas for Commercial Property Operators it is either 7712 or the occupation code that is most closely aligned with the tenancy of the strata.\n\nFor Professional Risks (excl EPL and D&O), use the codes provided in Attachment B except for code “OMULTI” which is only for use for facility business. Where an appropriate code does not exist for the insured organisation, the first character of the appropriate industry may be used.\n\n23. Coinsurance Proportion\n\nYour proportion of a co-insured risk, to 2 decimal places (e.g. 66.66 for 66.66%, or 100.00 for 100%). Advise APRA of how you record (a) turnover (b) limit of indemnity (c) premium (d) losses – 100% of the risk or just your share. The preferred form of data submission is indicated under each individual data field in this specification.\n\nThe expected value in this field is 100.00 if no coinsurance applies to the policy.","sortOrder":4},{"sectionNumber":"Appendix A: Example Treatment of Exposur","sectionType":"part","heading":"Appendix A: Example Treatment of Exposure Records","content":"# ![](image.002.png)Appendix A: Example Treatment of Exposure Records\n\nInsurers are to provide an initial record for each policy/risk at the start of each period with additional records each time that policy/risk changes in any way in terms of its exposure. The following sets out the expected relationship between Gross Annualised Premium and Gross Earned Premium for your information.\n\nNote: Start date = Term Inception Date (field 11) Date exp from = Effective Start Date (field 12)\n\nEnd date = Term Expiry Date (field 13) Date exp to = Effective End Date (field 14)\n\nGAP = Gross Annualised Premium (field 15a), NOT written premium. GEP = Earned Premium (field 15b).\n\nRenewal Example\n\n![](image.003.png)\n\nEndorsement Example\n\n![](image.004.png)\n\n  \nBack-dated Endorsement Example\n\n![](image.005.png)\n\n  \nCancellation Example\n\n![](image.006.png)\n\n![](image.002.png)","sortOrder":5},{"sectionNumber":"Appendix B: APRA Occupation Codes for Pr","sectionType":"part","heading":"Appendix B: APRA Occupation Codes for Professional Indemnity","content":"# ![](image.002.png)Appendix B: APRA Occupation Codes for Professional Indemnity\n\n| CODE   | Occupation Description                                      |\n| ------ | ----------------------------------------------------------- |\n| A      | Financial Miscellaneous occupations                         |\n| AABANK | Bank                                                        |\n| AACCNT | Accountancy – Other                                         |\n| AACINS | Accountancy - Insolv & Aquis                                |\n| AACMAN | Accountancy - Management Service                            |\n| AACTAX | Accountancy - Taxation                                      |\n| AACTUA | Actuarial                                                   |\n| AAUDIT | Accountancy - Audit                                         |\n| ABLDSO | Building Society                                            |\n| ABOOKP | Bookkeeping                                                 |\n| ABSCON | IT Business Systems                                         |\n| ABUSBR | Business Brokers                                            |\n| ACHCON | Hardware Engineering/Sec/Sales                              |\n| ACLHOU | Clearing House                                              |\n| ACMBRK | Commodity & Futures Broking                                 |\n| AFBDEA | Futures Broker/Dealer                                       |\n| ACMCON | Computer Consultants                                        |\n| ACOMAU | Computer Systems Auditor                                    |\n| ACOMPR | Computer Programmer                                         |\n| ACOMSB | Computer Service Bureau                                     |\n| ACRMAN | Credit Management Services                                  |\n| ACRUNI | Credit Union                                                |\n| ACTCON | IT Education & training                                     |\n| ACUSTO | Custodian                                                   |\n| ACWCON | Web Design                                                  |\n| ADBTCL | Debt Collection & Mercantile Agents                         |\n| AFINCO | Financial Counsellors                                       |\n| AFNADV | Finance Adviser                                             |\n| AFNBRK | Finance Broking                                             |\n| AFNMGR | Financial Risk Management                                   |\n| AFPCON | Financial Planning Consultancy                              |\n| AFRANC | Franchisor                                                  |\n| AFRIEN | Friendly Society                                            |\n| AFUNDM | Fund Manager                                                |\n| AINCON | Investment Consultancy                                      |\n| AINDEA | Licenced Security Dealer                                    |\n| AINSUR | Insurance Company                                           |\n| AMANIN | Managed Investment Scheme                                   |\n| AMERBA | Merchant Bank                                               |\n| AMORBR | Mortgage Broker                                             |\n| AMORMA | Mortgage Manager                                            |\n| AMOROR | Mortgage Originator                                         |\n| APFCON | Financial Planners                                          |\n| ASTBRK | Stock & Share Broking                                       |\n| ASUPAD | Superannuation fund administrator                           |\n| ASUPTR | Superannuation Trustee                                      |\n| ATAXAG | Taxation Agency                                             |\n| ATSTCO | Trustee & Executor Company                                  |\n| ATSTSU | Trustee Services                                            |\n| B      | General Consultants - Miscellaneous occupations             |\n| BAGCON | Air Cargo Consultancy                                       |\n| BARCON | Air Pollution Consultancy                                   |\n| BAVCON | Aviation Consultancy                                        |\n| BCMCON | Communication (PR) Consultancy                              |\n| BCNCON | Corrosion Consultancy                                       |\n| BCONCO | Convention Coordinator                                      |\n| BCRIMI | Criminologist                                               |\n| BECONO | Economist                                                   |\n| BENCON | Environment & Pollution Consultancy                         |\n| BEVMAN | Event Managers & Co-Ordinators                              |\n| BFOCON | Forestry Services & Consultancy                             |\n| BFOODC | Food Consultant                                             |\n| BHRCON | Human Resource Consulting                                   |\n| BIRCON | Industrial Relations Consultant                             |\n| BLTCON | Telecommunication Consultants                               |\n| BMANAG | Management Consultancy                                      |\n| BMELON | Meteorological Consultancy                                  |\n| BMGCON | Migration Consultancy                                       |\n| BMHCON | Materials Handling Consultancy                              |\n| BMNCON | Marine Consultancy                                          |\n| BMOCON | Marketing Consultancy                                       |\n| BMRCON | Market Research Consultancy                                 |\n| BMTCON | Materials Testing Consultancy                               |\n| BNTCON | Natural Resource Consultancy                                |\n| BOCCON | Oceanographic Consultancy                                   |\n| BODCON | Odour pollution Consultancy                                 |\n| BPCCON | Pest Control Consultancy                                    |\n| BPNCON | Personnel Consultancy                                       |\n| BPRCON | Public Relations Consultancy                                |\n| BQUALC | Quality Assurance Consultant                                |\n| BRSCON | Research Industry & Scientific                              |\n| BSECON | Security Consultancy                                        |\n| BSOCIO | Sociologist                                                 |\n| BSOCON | Solar Energy Consultancy                                    |\n| BTACON | Travel Agency &/or Consultancy                              |\n| BTCCON | Technical Consultancy                                       |\n| BTESTS | Inspection & Testing Services                               |\n| BTLCON | Telecommunication Consultants                               |\n| BTOCON | Tourism Consultancy                                         |\n| BTOOPP | Tour Operator                                               |\n| BTPCON | Transportation Consultancy                                  |\n| BTRANS | Translator / Interpreter                                    |\n| BTTCON | Textile Consultancy                                         |\n| BWCCON | Water Conservation Consultancy                              |\n| BWNCON | Wine Industry Consultancy                                   |\n| BWPCON | Water Pollution Consultancy                                 |\n| C      | Medical & Paramedical Miscellaneous occupations             |\n| CACUPT | Acupuncturists                                              |\n| CALCON | Allergy and asthma consultant                               |\n| CALTHE | Alternative health services                                 |\n| CANAGE | Anaesthetics - general                                      |\n| CANAIC | Anaesthetics-intensive care                                 |\n| CAUDIO | Audiologist                                                 |\n| CAUDIM | Audiometrist                                                |\n| CCARDI | Cardiology                                                  |\n| CCARTH | Cardio-thoracic surgery                                     |\n| CCHILD | Child Care Centre                                           |\n| CCHIRP | Chiropodists                                                |\n| CCHIRO | Chiropractics                                               |\n| CCLCGN | Clinical genetics                                           |\n| CCLCHA | Clinical haematology                                        |\n| CCLCIM | Clinical immunology                                         |\n| CCLCPH | Clinical pharmacology                                       |\n| CCOLSU | Colorectal surgery                                          |\n| CCOSSU | Cosmetic surgery                                            |\n| CDENTI | Dentistry - oral surgery                                    |\n| CDENTO | Dentistry -other                                            |\n| CDERMI | Dermatology                                                 |\n| CRADOL | Diagnostic radiology                                        |\n| CRADOG | Diagnostic radiology - Practitioner                         |\n| CDIETI | Dietician                                                   |\n| CDGALC | Drug and alcohol counselling                                |\n| CENTHR | Ear, nose and throat (ENT)                                  |\n| CEMERG | Emergency medicine                                          |\n| CENDOC | Endocrinology                                               |\n| CENDOS | Endoscopy                                                   |\n| CFAMSU | Facio-Maxillary surgery                                     |\n| CGASTR | Gastroenterology                                            |\n| CGENME | General and internal medicine                               |\n| CGENPN | General practice - no procedure                             |\n| CGENPY | General Practice - procedural                               |\n| CGENSU | General Surgery                                             |\n| CGERIA | Geriatrics                                                  |\n| CGYNAE | Gynaecology only                                            |\n| CHOSTL | Hostel                                                      |\n| CHYGCO | Hygiene consultant                                          |\n| CINFDS | Infectious diseases                                         |\n| CINTCR | Intensive care                                              |\n| CMEDON | Medical oncology                                            |\n| CMIDWI | Midwifery                                                   |\n| CNATUR | Naturopaths                                                 |\n| CNEONA | Neonatology                                                 |\n| CNEURO | Neurology                                                   |\n| CNEUSU | Neurosurgery                                                |\n| CNUCLR | Nuclear Medicine                                            |\n| CNURSS | Nursing -general                                            |\n| CNURSE | Nursing—nurse practitioner                                  |\n| CNUTRI | Nutrition                                                   |\n| COBSGY | Obstetrics & Gynaecology                                    |\n| COBSTO | Obstetrics only                                             |\n| COCTHE | Occupational medicine                                       |\n| COHSCO | OHS Practitioner                                            |\n| COPTHA | Ophthalmology                                               |\n| COPTOM | Optometrist                                                 |\n| CORALM | Oral surgery—medical                                        |\n| CORTSU | Orthopaedic surgery                                         |\n| COSTEO | Osteopathy                                                  |\n| COTHER | Other hospital-based medical practitioner                   |\n| CPAEDM | Paediatric medicine                                         |\n| CPAEDS | Paediatric surgery                                          |\n| CAMBOF | Paramedical and ambulance staff                             |\n| CPATHO | Pathology                                                   |\n| CPCHEM | Pharmacy                                                    |\n| CPHOSP | Hospital                                                    |\n| CPHYSI | Physiotherapy                                               |\n| CPLAST | Plastic surgery                                             |\n| CPNHOM | Nursing Home                                                |\n| CPODTS | Podiatry                                                    |\n| CPSYCH | Psychiatry                                                  |\n| CPSYCO | Psychology                                                  |\n| CPHPRM | Public health/preventive medicine                           |\n| CREHSV | Rehabilitation medicine                                     |\n| CRENAL | Renal medicine                                              |\n| CRESPC | Respite Care Services                                       |\n| CRESPM | Respiratory medicine                                        |\n| CRETIR | Retirement Village                                          |\n| CRHEUM | Rheumatology                                                |\n| CSONOG | Sonographer                                                 |\n| CSPEEC | Speech Pathologists                                         |\n| CSPTHE | Speech therapist                                            |\n| CSPINE | Spinal surgery                                              |\n| CSPORT | Sports medicine                                             |\n| CTHMAS | Therapeutic Masseur                                         |\n| CRADTH | Therapeutic radiology                                       |\n| CTHORA | Thoracic medicine                                           |\n| CUROLO | Urology                                                     |\n| CVASCU | Vascular surgery                                            |\n| D      | Legal & Para Legal - Miscellaneous occupations              |\n| DBARIS | Barristers                                                  |\n| DCONSV | Conveyancing Services                                       |\n| DJPEAC | Justice of the Peace                                        |\n| DLGLCS | Legal Costing Services                                      |\n| DLNDBR | Land Broking                                                |\n| DMARCE | Marriage Celebrant                                          |\n| DPATNT | Patent Attorneys                                            |\n| DPRSER | Process Servers                                             |\n| DPTTMA | Patent & Trade Mark Attorney                                |\n| DSHARR | Share Registry                                              |\n| DSOLIC | Solicitors                                                  |\n| DTITLE | Title Searching                                             |\n| DTMCON | Trademark Development &/or Investment                       |\n| E      | Real Estate Miscellaneous occupations                       |\n| EANVAL | Valuer - fine art                                           |\n| EAUCTN | Auctioneering                                               |\n| EBDCOR | Body Corporate Management Services                          |\n| EHOTBR | Hotel & Motel Broking                                       |\n| ELECON | Electrical Contracting                                      |\n| EMTCON | Motel Management Consultancy                                |\n| EPTCON | Property Consultants                                        |\n| EPTRPT | Property & Inspection Reports                               |\n| EREACT | Real Estate Agency- Commercial                              |\n| EREAGT | Real Estate Agency- Domestic                                |\n| EREAHT | Real Estate Agency- Hotels                                  |\n| EREAIT | Real Estate Agency- Industrial                              |\n| EREAPM | Property Management Services                                |\n| EREVAL | Real Estate Agent & Valuations                              |\n| ESTMGR | Strata Title Management                                     |\n| F      | Agricultural, Horticultural miscellaneous occupations       |\n| FAGCON | Agricultural Consultancy                                    |\n| FAGRON | Agronomy                                                    |\n| FANBRE | Animal Breeders                                             |\n| FAQCON | Aquaculture Consultants                                     |\n| FARTBD | Artificial Breeding Services                                |\n| FBSKAG | Bloodstock Agency                                           |\n| FEXPLS | Export Livestock Veterinary Consultant                      |\n| FFMADV | Farm Management Advisory Service                            |\n| FFMCON | Farm & Agricultural Consultant                              |\n| FHTCON | Horticultural Consultancy                                   |\n| FMOROR | Mortgage Originator                                         |\n| FPPORG | Primary Production Organisation                             |\n| FSSAGT | Stock & Station Agency                                      |\n| FVALUR | Valuer - real estate                                        |\n| FVETBS | Veterinary Surgeons Bloodstock                              |\n| FVETEQ | Veterinary Surgeons- Equine                                 |\n| FVETGH | Veterinary Surgeons- Greyhound                              |\n| FVETLS | Veterinary Surgeon Livestock                                |\n| FVETSM | Veterinary Surgeons-Small/Pets                              |\n| FVTLAB | Veterinary Laboratories                                     |\n| FWLBRK | Wool Broking                                                |\n| G      | Schools, Colleges - Miscellaneous occupations               |\n| GBALSH | Ballet School & Dance Tuition                               |\n| GCUBAS | Scuba Diving Instruction - COMMERCIAL                       |\n| GEDCON | Education Consultancy                                       |\n| GKINDA | Kindergartens                                               |\n| GPSCHL | Private School                                              |\n| GSCHOL | Primary Schools                                             |\n| GSCUBA | Scuba Diving Instructor - recreational                      |\n| GSECOL | Secondary Schools/Colleges                                  |\n| GTEACH | Teacher                                                     |\n| GTRCON | Training & Development Consultants                          |\n| GUNVER | Universities                                                |\n| H      | Insurance - miscellaneous occupations                       |\n| HARGEN | Authorised Representatives (general insurance products)     |\n| HARLIF | Authorised Representatives (life insurance products)        |\n| HININV | Insurance Investigation                                     |\n| HINSAG | Insurance Agency                                            |\n| HINSBK | Insurance Broking                                           |\n| HINSLA | Insurance Assessors & Loss Adjusters                        |\n| HINSUR | Insurance Surveyor                                          |\n| HLASAG | Life Assurance Agents                                       |\n| HLOSSA | Loss Assessor                                               |\n| HLSCON | Loss Control & Management Control                           |\n| HRMCON | Risk Management Consultants                                 |\n| HUWAGT | Underwriting Agent                                          |\n| I      | Local Government - Miscellaneous occupations                |\n| IADVOR | Govt. Advisory Organization                                 |\n| ILGTAT | Local Government Authority                                  |\n| IMUNCL | Municipal / Shire Councils                                  |\n| J      | Miscellaneous occupations                                   |\n| JADVAG | Advertising Agency                                          |\n| JANTHE | Anthropologist                                              |\n| JARBIT | Mediation & Arbitration                                     |\n| JARCHE | Archaeology                                                 |\n| JBEAUT | Beauty Therapy                                              |\n| JBTBKR | Boat & Yacht Broking                                        |\n| JBTDES | Boat & Yacht Designing                                      |\n| JCARGO | Cargo & Marine Surveying                                    |\n| JCMADV | Community Advice Centres                                    |\n| JCOACH | Sports Coach                                                |\n| JCOASS | Association - Community                                     |\n| JCOURI | Courier Service                                             |\n| JCSFAG | Customs Shipping & Forwarding                               |\n| JCUSTA | Customs Agency                                              |\n| JDIASS | Association - Disability                                    |\n| JDIVSE | Diving Services                                             |\n| JENASS | Association - Environmental                                 |\n| JFAMWL | Family Welfare Organization                                 |\n| JFUNRL | Funeral Directing                                           |\n| JGPDES | Graphic design                                              |\n| JINVES | Investigators                                               |\n| JMARRC | Marriage, Family, Personal Councillor                       |\n| JMNENG | Marine Engineers                                            |\n| JMNSUR | Marine Surveying                                            |\n| JNVARC | Naval Architecture                                          |\n| JPHOTO | Photographer / Cameraman                                    |\n| JPIDES | Product & Industrial Design                                 |\n| JPRASS | Association - Professional                                  |\n| JRELIG | Religious Organisation                                      |\n| JRESER | Research & Development Corp                                 |\n| JSECRE | Secretariat Services                                        |\n| JSHPCH | Ship & Boat Chandelling                                     |\n| JSPASS | Association - Sporting                                      |\n| JTDASS | Association - Trade                                         |\n| JTECHW | Technical Writers                                           |\n| JTELAN | Telephone Answering / telemarketing                         |\n| JTRAUN | Trade Union                                                 |\n| JWEASS | Association - Welfare                                       |\n| JWTCON | Writers Consultant &/or Service                             |\n| K      | Architects Miscellaneous occupations                        |\n| KACHTS | Architects                                                  |\n| KARCDR | Architectural Draughtspersons                               |\n| KINTDE | Interior Designers & Fit out Consultant                     |\n| KLACHS | Landscape Architecture                                      |\n| KLACTP | Town Planning                                               |\n| KPLUMB | Plumbing Consultants                                        |\n| L      | Engineering - miscellaneous occupations                     |\n| LACENG | Engineer – acoustic                                         |\n| LAEENG | Engineer – aeronautical                                     |\n| LAGENG | Engineer – agricultural                                     |\n| LBCERT | Building Certifiers                                         |\n| LBHENG | Building Hydraulic Design Engineer                          |\n| LBIENG | Engineer – biomedical                                       |\n| LBINSP | Building Inspectors                                         |\n| LBLCON | Building Consultants                                        |\n| LBLDES | Building Designer                                           |\n| LBLDIN | Building Inspector - Victorian Building Act activities only |\n| LCHENG | Engineer – chemical                                         |\n| LCHSCI | Chemical Scientist                                          |\n| LCIENG | Engineer – civil                                            |\n| LCONMG | Construction Management                                     |\n| LCONTE | Concrete Testing & Investigation                            |\n| LDSCON | Drainage Sewerage & Water Supplies                          |\n| LELENG | Engineer – electrical                                       |\n| LELINS | Electrical Inspectors                                       |\n| LENAUD | Environmental Auditor                                       |\n| LENGDT | Engineering Draftspersons                                   |\n| LENVEN | Engineer – environmental                                    |\n| LETENG | Engineer – electronic                                       |\n| LFPENG | Engineer - fire protection / safety                         |\n| LFSENG | Foundation & Structural Engineer                            |\n| LGEEON | Engineer - geo-technical - soil testing                     |\n| LGEOLO | Engineer – geological                                       |\n| LHAENG | Engineer – harbour                                          |\n| LHDENG | Hydro Electric Engineering                                  |\n| LHMENG | Materials Handling, Process Engineer                        |\n| LHVENG | Heating/Ventilation/Air-Con                                 |\n| LHYENG | Engineer – hydraulic                                        |\n| LMAENG | Engineer – marine                                           |\n| LMCENG | Engineer – Metallurgical                                    |\n| LMEENG | Engineer – Mechanical                                       |\n| LMIENG | Engineer - mining / minerals processing                     |\n| LNDCST | Non Destructive Testing Consul                              |\n| LPCCST | Petrochem,Chemical,Natural Gas,Env Con                      |\n| LPEENG | Power & Energy Engineering                                  |\n| LPREIN | Pre-purchase Inspection Services                            |\n| LPRMGR | Project Managers                                            |\n| LRFENG | Engineer – Refrigeration                                    |\n| LSFENG | Safety Engineering                                          |\n| LSTENG | Engineer – structural                                       |\n| LTELEC | Engineer – telecommunications                               |\n| LTNPNR | Town Planners                                               |\n| LTRENG | Engineer – Traffic                                          |\n| LWASTE | Waste Management Consultants                                |\n| LWWENG | Engineer - water treatment / sewage                         |\n| M      | Surveying Miscellaneous                                     |\n| MBLSUV | Building Surveyor                                           |\n| MCARTO | Cartographer                                                |\n| MCMSUV | Surveyors - Cargo and/or Marine                             |\n| MCOSTE | Cost Estimators                                             |\n| MHYSUV | Surveyors – Hydrographic                                    |\n| MLDSUV | Land Surveyors                                              |\n| MQTSUV | Surveyor – quantity                                         |\n| MSUREN | Surveyor – Engineering                                      |\n| MSURMI | Surveyor – Mining                                           |\n| N      | Defamation – misc                                           |\n| NFPROD | Film Producer                                               |\n| NJOURN | Journalist                                                  |\n| NPUBLI | Publishers                                                  |\n| NRADIO | Radio Broadcasters                                          |\n| NTVBRO | Televisions Broadcasters                                    |\n| O      | Multiple Occupations                                        |\n| OMULTI | Multiple Occupations*                                       |\n\n\\* Only available for facility business.","sortOrder":6},{"sectionNumber":"Appendix C: Data Validation","sectionType":"part","heading":"Appendix C: Data Validation","content":"#   \nAppendix C: Data Validation\n\nAs well as unit record validation, overall reasonability checks will be carried out on each insurer’s data.\n\nWith each half-yearly data submission\n\nVarious comparisons between the current reporting period and the previous period will be carried out in order to monitor data reasonability and consistency. These may include:\n\n-   Change in the aggregate Gross Earned Premium, split by two digit ANZSIC code or single character occupation code;\n-   Changes in the total numbers of policies and claims;\n-   Counts of claims by various measures; causes of loss, severity or litigation status; and\n-   Changes in the average and total claims paid.\n\nAs well, various reasonability checks will be carried out within each period submission, including;\n\n-   Overuse of the various ‘Other’ categories and codes; and\n-   Comparison of the various premium fields against each other.\n\nOther reasonability checks may be carried out on an ad hoc basis.","sortOrder":7}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":1698},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The legislation maintains its original scope of requiring general insurers to report public liability, product liability and professional indemnity policy data to APRA. The content remains focused on this specific data collection objective without expansion into unrelated regulatory areas."},"complexity_factors":["23 detailed data field definitions with specific formatting rules (dates as DDMMYYYY, currency in whole dollars without decimals)","Extensive occupation classification system in Appendix B with 200+ specific codes (e.g., 'AACINS' for Accountancy - Insolvency & Acquisitions)","Multiple conditional submission pathways depending on whether data is submitted electronically or by CD-ROM","Complex premium calculation rules requiring pro-rating, handling of endorsements/cancellations, and aggregation logic for duplicate records","Cross-references to external classification systems (ANZSIC codes) and other Commonwealth legislation (Insurance Act 1973, APRA Act 1998)","Technical data validation requirements and reasonability checks comparing current and previous reporting periods"],"plain_english_summary":"This Standard requires general insurers that write public liability, product liability or professional indemnity cover to submit detailed, six‑monthly CSV data to APRA—policy identifiers and dates, premiums, insureds’ turnover/assets/staff and occupation codes, risk location, and limits/excesses. Submissions must be authorised by the insurer’s CFO or principal executive and sent securely online (via APRA’s agent) or on CD‑ROM. The data helps APRA monitor market exposure and systemic risk."},"flash_summary":{"complexity_score":7,"scope_assessment":{"changed":false,"description":"The instrument defines a clear scope: general insurers must report public, product and professional indemnity policies entered on/after 1 Jan 2003, with specified exclusions (see definition of reportable policy). APRA may make minor variations to specifications, but the core reporting scope is not altered in the text."},"complexity_factors":["Many detailed mandatory data fields with precise definitions and record‑level rules (Policy Record Data Field Definitions 1–23; 15a–16).","Technical submission requirements (CSV format, web upload with customer ID/password and encryption, or CD‑ROM) and authentication procedures (paras 7, 10–11).","Aggregation and timing rules for endorsements, renewals and cancellations that affect how premiums and exposures are reported (fields 12–16; Appendix A).","APRA discretion to vary Data Specifications, occupation codes or submission requirements, creating implementation uncertainty (paras 8, 13).","Extensive occupation code list (Appendix B) and reasonability/validation checks that create mapping and quality‑control burdens (Appendices B, C).","Authorisation and certification obligations on boards, senior management or specified officers, and signed cover letter requirements for CD submissions (paras 9, 11–12)."],"plain_english_summary":"**What it does:** Requires general insurers to submit six‑monthly CSV reports to APRA containing policy‑level data on public liability, product liability and professional indemnity policies in force (paras 7; Objective). \n\nInsurers’ boards and senior management must authorise the data; APRA prescribes technical specs, may vary formats or addresses, and runs validation checks. The requirement alters insurers’ data collection, IT, and compliance processes and sets detailed rules for premiums, endorsements, cancellations and aggregation (Policy Record Data Field Definitions; Appendices B–C)."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005","history":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005/history","analysis":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005/important-cases","documents":"/api/acts/financial-sector-collection-of-data-determination-no-30-of-2005/documents"}}