4Balance sheets

4 Balance sheets

(1) For the purposes of paragraph 51 (1) (a) of the Act, an ADI, except a foreign ADI, must prepare a balance sheet in accordance with the form in Schedule 1 for each year.

(2) The balance sheet:

(a) is to be prepared as at the close of business on the ADI’s accounting day for that year; and

(b) is to be given to APRA no later than 6 months after that accounting day.