{"id":"F2010L02334","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 13 of 2010 - GRS 320.0 (2008) - Reconciliation of Annual Disclosure","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":125118,"registerId":"commonwealth-F2010L02334-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 13 of 2010 - GRS 320.0 (2008) - Reconciliation of Annual Disclosure","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 13 of 2010\n\nReporting Standard GRS 320.0 (2008) Reconciliation of Annual Disclosure\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Ian Laughlin, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:\n\n-   REVOKE Reporting Standard GRS 320.0 (2008) Reconciliation of Annual Disclosure which came into effect on 3 November 2008 and is in force as at the date of this determination (the old standard).\n\nUnder section 15 of the Act, I DECLARE that the old standard shall cease to apply on the date of registration of this instrument on the Federal Register of Legislative Instruments.\n\n    Dated 30 July 2010\n\n\\[Signed\\]\n\nIan Laughlin\n\nMember","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1889},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument performs a straightforward revocation of a specific reporting standard. It does not expand the scope of the legislation; rather, it narrows regulatory obligations by terminating the GRS 320.0 reconciliation requirement."},"complexity_factors":["Single operative provision (revocation and cessation declaration)","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references to complex machinery","Removes rather than creates regulatory obligations"],"plain_english_summary":"**What this does:** This instrument scraps a previous reporting rule called *Reporting Standard GRS 320.0 (2008)*. That old rule required certain financial companies to prepare reconciliations of their annual financial disclosures.\n\n**Who it affects:** Banks, insurance companies, superannuation funds, and other financial institutions that previously had to comply with GRS 320.0 no longer need to submit this specific reconciliation report.\n\n**Why it matters:** It removes a regulatory paperwork obligation, reducing reporting costs for affected entities from the date this instrument is registered."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-13-of-2010-grs-320-0-2008-re/documents"}}