1Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2017

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Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2017

Approval of ADIs’ applications to the RBA’s Committed Liquidity Facility - Calendar Year 2016

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, and applications made to, APRA.

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

Dated: 22 June 2017

[Signed]

Stephen Brian Matthews

Executive General Manager (Corporate)

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.

RBA means the Reserve Bank of Australia

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><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold"></span></p></td><td style="width:75.5pt; 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><a id="_ftnref1"></a><a href="#_ftn1" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[1]</span></a><span style="font-weight:bold"> </span><a id="_ftnref2"></a><a href="#_ftn2" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[2]</span></a><span style="font-weight:bold"> </span><a id="_ftnref3"></a><a href="#_ftn3" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[3]</span></a></p></td><td style="width:136.75pt; 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:14.25pt"><td rowspan="4" 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; margin-bottom:6pt; font-size:11.5pt"><span>Review of </span><span>applications made to APRA under </span><span>Attachment A, </span><span>paragraph 16 of </span><span style="font-style:italic">Prudential Standard APS 210 – Liquidity</span><span> made under subsection 11AF(1) of the </span><span style="font-style:italic">Banking Act 1959</span><span> and </span><span>assessment and determination of appropriate size of Committed Liquidity Facility</span><span> (CLF)</span><span> sought by ADIs and offered by the RBA.</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span></span></p><p style="margin-top:6pt; font-size:11.5pt"><span></span></p></td><td style="width:75.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$</span><span>11,000</span></p></td><td style="width:136.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:3.91pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADI</span><span style="font-family:'Times New Roman', serif">s where the number of APRA days</span><span style="font-family:'Times New Roman', serif"> assessing CLF access applications is </span><span style="font-family:'Times New Roman', serif">estimated to be 10.</span><span style="font-family:'Times New Roman', serif"></span></li></ul></td><td rowspan="4" style="width:88.45pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>14 days after receipt of APRA’s invoice for the charge.</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>The invoice may be issued at any time after the date of this instrument.</span></p></td></tr><tr style="height:14.25pt"><td style="width:75.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$</span><span>16,500</span></p></td><td style="width:136.75pt; 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:10.29pt; margin-bottom:3pt; padding-left:3.91pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 15.</span></li></ul></td></tr><tr style="height:14.25pt"><td style="width:75.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$</span><span>33,000</span></p></td><td style="width:136.75pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:3.91pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 30.</span></li></ul></td></tr><tr style="height:14.25pt"><td style="width:75.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$</span><span>88,000</span></p></td><td style="width:136.75pt; 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:10.29pt; margin-bottom:3pt; padding-left:3.91pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 80.</span></li></ul></td></tr></thead></table>