Australian Prudential Regulation Authority Supervisory Levies Determination 2021
3‑1 Definitions3‑1 Definitions
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3‑1 Definitions
In this Part:
provider of purchased payment facilities means an ADI that:
(a) engages in the provision of one or more purchased payment facilities, in relation to at least one of which APRA has determined as mentioned in section 6 of the Banking Regulation 2016; and
(b) does not otherwise carry on banking business within the meaning of section 5 of the Banking Act 1959.
purchased payment facility has the meaning given by section 7 of the Payment Systems (Regulation) Act 1998.
the Act means the Authorised Deposit‑taking Institutions Supervisory Levy Imposition Act 1998.
Note: Terms used in this Part have the same meaning as in the Act—see subsection 1‑5(1) of this instrument.
valuation day, in relation to an ADI, means:
(a) for an ADI that is an ADI at all times during the period from 17 March to 30 June in the previous financial year—31 March in the previous financial year; and
(b) for an ADI that was not an ADI at all times from and including 17 March of the previous financial year to and including the following 30 June—the day after 17 March of the previous financial year, on which it became, or becomes an ADI.