CTHRepealedLegislation
Banking (prudential standard) determination No. 4 of 2007 - Prudential Standard APS 111 - Capital Adequacy: Measurement of Capital
Other transition arrangementsOther transition arrangements
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Other transition arrangements
- An ADI may continue to include in its capital base any instrument that was, before 1 January 2008, eligible for inclusion, but that does not meet the requirements of paragraph 30 and Attachments A and B of this Prudential Standard, until such time as the instrument is repaid, redeemed or converted as applicable. This transitional relief does not extend to new issues of capital instruments or issues under existing capital raisings that occurred on or after 2 July 2007 unless otherwise approved as eligible capital by APRA.[23]