{"id":"F2015L01666","name":"Financial Sector (Collection of Data) determination No. 35 of 2015 - Revocation of Reporting Standard FRS 100.0 Reporting Requirements for First Home Saver Accounts Providers","slug":"financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":93483,"registerId":"commonwealth-F2015L01666-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) determination No. 35 of 2015 - Revocation of Reporting Standard FRS 100.0 Reporting Requirements for First Home Saver Accounts Providers","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) determination No. 35 of 2015\n\nRevocation of Reporting Standard FRS 100.0 Reporting Requirements for First Home Saver Accounts Providers\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Charles Littrell, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 and subsection 33(3) of the Acts Interpretation Act 1901 REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 29 of 2009, including Reporting Standard FRS 100.0 Reporting Requirements for First Home Saver Accounts Providers made under that Determination.\n\nDated 6 October 2015\n\n\\[Signed\\]\n\nCharles Littrell\n\nExecutive General Manager\n\nSupervisory Support Division\n\nInterpretation\n\nIn this instrument:\n\n> APRA means the Australian Prudential Regulation Authority.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1078},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The determination performs exactly the narrow function stated in its title—revoking reporting requirements for a defunct account type. There is no expansion beyond the original purpose of removing obsolete obligations."},"complexity_factors":["Single operative provision (revocation only)","Only one defined term in the interpretation section","No conditional logic, exceptions, or cross-references","Extremely short length (under 200 words)"],"plain_english_summary":"This determination scraps outdated paperwork for banks. **What it does:** It cancels a 2009 reporting rule (Reporting Standard FRS 100.0) that forced banks and financial institutions to send data to APRA (Australia's banking regulator) about First Home Saver Accounts.\n\n**Background:** First Home Saver Accounts were a government savings scheme that gave tax breaks to people saving for their first home. The government abolished the scheme in 2015, meaning no new accounts could be opened and existing accounts lost their tax benefits.\n\n**Why this matters:** Since these accounts no longer exist, there's no point making banks report on them. This cleans up the regulatory rulebook by removing dead reporting requirements.\n\n**Who it affects:** Banks and financial institutions that used to offer these accounts—they can stop submitting the specific reports required under the old standard."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs","history":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs/history","analysis":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs/important-cases","documents":"/api/acts/financial-sector-collection-of-data-determination-no-35-of-2015-revocation-of-reporting-standard-frs/documents"}}