1Australian Prudential Regulation Authority instrument fixing charges No. 1 of 2020

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Australian Prudential Regulation Authority instrument fixing charges No. 1 of 2020

Models-based capital adequacy requirements for ADIs for the financial year 2019-20

Australian Prudential Regulation Authority Act 1998

I, 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 APRA.

This instrument commences on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.

Dated: 05 June 2020

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Stephen Brian Matthews

Executive Director

Interpretation

In this instrument

ADI is short for authorised deposit-taking institution and has the meaning given in section 5 of the Banking Act 1959.

APRA means the Australian Prudential Regulation Authority.

Schedule of charges

<table cellspacing="0" cellpadding="0" style="width:468.55pt; margin-left:5.4pt; border-collapse:collapse"><thead><tr><td style="width:123.9pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 1</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold">Nature of s</span><span style="font-weight:bold">ervices</span><span style="font-weight:bold"> and applications</span><span style="font-weight:bold"> </span><span style="font-weight:bold">for which the charge is imposed</span></p></td><td style="width:95.5pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 2</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">Amount of the c</span><span style="font-weight:bold">harge</span></p></td><td style="width:116.75pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 3</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">Person required to pay</span><span style="font-weight:bold"> the charge</span></p></td><td style="width:88.45pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 4</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">When the charge is to be paid</span></p></td></tr><tr style="height:75pt"><td rowspan="2" style="width:123.9pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; font-size:11.5pt"><span>A</span><span>ssessment of applications and </span><span>the </span><span>ongoing </span><span>supervision </span><span>of ADIs under </span><span>the models-based approach</span><span>.</span></p></td><td style="width:95.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; font-size:11.5pt"><span>$</span><span>233,200</span></p><p style="margin-bottom:6pt; font-size:11.5pt"><span>(inclusive of GST)</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>This charge is </span><span>­</span><span>non-refundable.</span></p></td><td style="width:116.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:12.04pt; margin-bottom:3pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Australia and New Zealand Banking Group </span><span style="font-family:'Times New Roman', serif">Limited</span></li><li class="Header" style="margin-top:3pt; margin-left:12.04pt; margin-bottom:3pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Commonwealth Bank of </span><span style="font-family:'Times New Roman', serif">Australia</span></li><li class="Header" style="margin-top:3pt; margin-left:12.04pt; margin-bottom:3pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">National Australia Bank </span><span style="font-family:'Times New Roman', serif">Limited</span></li><li class="Header" style="margin-top:3pt; margin-left:12.04pt; margin-bottom:6pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Westpac Banking Corporation</span></li><li class="Header" style="margin-top:6pt; margin-left:12.04pt; margin-bottom:3pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Macquarie Bank Limited</span></li><li class="Header" style="margin-top:3pt; margin-left:12.04pt; margin-bottom:3pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">ING</span><span style="font-family:'Times New Roman', serif"> Bank (Australia) Limited</span></li></ul><p class="Header" style="margin-top:3pt; margin-left:1.7pt; font-size:11.5pt"><span></span></p></td><td rowspan="2" style="width:88.45pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>14 days after receipt of APRA’s invoice for the charge.</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>The invoice may be issued at any time after the date of this instrument.</span></p></td></tr><tr style="height:154.3pt"><td style="width:95.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; font-size:11.5pt"><span>$</span><span>42,900</span></p><p style="margin-bottom:6pt; font-size:11.5pt"><span>(inclusive of GST)</span></p><p style="margin-top:6pt; font-size:11.5pt"><span>This charge is non-refundable.</span></p></td><td style="width:116.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:3pt; margin-left:12.04pt; padding-left:3.86pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Bendigo </span><span style="font-family:'Times New Roman', serif">and Adelaide </span><span style="font-family:'Times New Roman', serif">Bank Limited</span></li></ul></td></tr></thead></table>