Image unavailable in extracted textFinancial Corporations (Statistics) Regulations
TABLE OF PROVISIONS
PART I—PRELIMINARY
Regulation
1. Citation
2. Commencement
3. Interpretation
PART II-PERIODICAL STATEMENTS RELATED TO STATISTICAL PERIODS
4. Application of Part II
5. Registered corporations to state that they are corporations to which this Part applies
6. Registered corporations to furnish periodical statements related to statistical periods
7. Related corporations in the same category may be treated as one
PART III—QUARTERLY STATEMENTS
8. Application of Part III
9. Registered corporations to state that they are corporations to which this Part applies
10. Registered corporations to furnish Quarterly Statements
11. Related corporations in the same category may be treated as one
PART IV—SIX MONTHLY STATEMENTS
12. Application of Part IV
13. Registered corporations that are retailers to furnish six-monthly statements
14. Related corporations that are retailers may be treated as one
PART V—MISCELLANEOUS
15. Repeal of former Financial Corporations (Statistics) Regulations
16. Saving
SCHEDULE
Forms
Commonwealth Coat of Arms of Australia
Statutory Rules 1984 No. 871
Image unavailable in extracted textFinancial Corporations (Statistics) Regulations
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Financial Corporations Act 1974.
Dated 18 May 1984.
N. M. STEPHEN
Governor-General
By His Excellency’s Command,
PAUL KEATING
Treasurer
Image unavailable in extracted textPART I—PRELIMINARY
Citation
1. These Regulations may be cited as the Financial Corporations (Statistics) Regulations.
Commencement
2. (1) Parts I, II and V and the Schedule to these Regulations shall come into operation on 1 June 1984.
(2) The remaining provisions of these Regulations shall come into operation on 1 July 1984.
Interpretation
3. In these Regulations—
“the Act” means the Financial Corporations Act 1974;
“the former Regulations” means Statutory Rules 1976 No. 101 as amended by the other Statutory Rules repealed by regulation 15.
PART II—PERIODICAL STATEMENTS RELATED TO STATISTICAL PERIODS
Application of Part II
4. (1) This Part applies to a corporation—
(a) that is a registered corporation included in one of the following categories:
(i) the category for building societies;
(ii) the category for authorised money market dealers;
(iii) the category for money market corporations;
(iv) the category for pastoral finance companies;
(v) the category for finance companies; or
(b) that is a registered corporation—
(i) the sum of the values of all the assets of which in Australia exceeds $5,000,000; and
(ii) that is included in the category for general financiers or the category for credit co-operatives.
(2) For the purpose of determining whether a registered corporation included in a category referred to in sub-paragraph (1) (b) (ii) is a corporation to which this Part applies, the values of the assets of the corporation at any time are the values of those assets as determined in accordance with the methods by which the values of assets were ascertained for the purposes of the audited balance sheet of the corporation that was at that time the most recent audited balance sheet of the corporation.
Registered corporations to state that they are corporations to which this Part applies
5. For the purposes of section 11 of the Act—
(a) if, at the commencement of this Part, a corporation included in a category referred to in sub-paragraph 4 (1) (b) (ii) is a corporation to which this Part applies, the corporation shall, before the expiration of the period of 30 days after the date of the commencement of this Part, furnish to the Reserve Bank a statement substantially in accordance with Form 1 in the Schedule; and
(b) where, after the commencement of this Part, a corporation included in a category referred to in sub-paragraph 4 (1) (b) (ii) becomes a corporation to which this Part applies, whether at the time of its incorporation or at a later time and whether or not the corporation has
previously been a corporation to which this Part applies, the corporation shall, before the expiration of the period of 30 days after the day on which the corporation became a corporation to which this Part applies, furnish to the Reserve Bank a statement substantially in accordance with Form 1 in the Schedule.
Registered corporations to furnish periodical statements related to statistical periods
(1) For the purposes of section 11 of the Act, a corporation to which this Part applies shall—
(a) within the period of 21 days after the last day of the first statistical period after the corporation becomes such a corporation (whether or not that corporation has previously been such a corporation); and
(b) within the period of 21 days after the last day of each successive statistical period,
furnish to the Reserve Bank and to the Statistician a periodical statement substantially in accordance with whichever of Forms 2, 3, 4, 5, 6, 7 and 8 in the Schedule is appropriate to the category in which the corporation is included.
(2) The first statistical period after a corporation becomes a corporation to which this Part applies commences—
(a) if, at the commencement of this Part, the corporation is a corporation to which this Part applies—on 1 June 1984;
(b) where, after the commencement of this Part, a corporation included in a category referred to in sub-paragraph 4 (1) (b) (ii) becomes a corporation to which this Part applies—on a day specified by the Reserve Bank in relation to the corporation, being a day not later than 60 days after the day on which the corporation furnishes to the Reserve Bank the statement referred to in paragraph 5 (a) or (b); and
(c) in any other case—on a day specified by the Reserve Bank in relation to the corporation, being a day not earlier than the day on which the corporation became a corporation to which this Part applies and not later than 60 days after the day on which the corporation became a corporation to which this Part applies.
(3) A statistical period (other than a statistical period referred to in sub-regulation (2)) in relation to the corporation commences on the day next succeeding the last day of the immediately preceding statistical period in relation to the corporation.
(4) Each statistical period in relation to a corporation shall be of such duration, being not less than 28 days nor more than 42 days, as the Reserve Bank specifies in relation to the corporation.
Related corporations in the same category may be treated as one
(1) For the purpose of the application of these Regulations in relation to the furnishing of a statement referred to in sub-regulation 6 (1), any 2 or more corporations that are related to each other and are included in the same
category may, with the consent in writing of the Reserve Bank or the Statistician, be treated as constituting a single corporation.
(2) Where, in pursuance of sub-regulation (1), the Reserve Bank or the Statistician consents to 2 or more corporations being treated as constituting a single corporation, any transactions between those corporations shall be disregarded in the completion of a statement referred to in sub-regulation 6 (1) made jointly in respect of those corporations.
PART III—QUARTERLY STATEMENTS
Application of Part III
8. (1) This Part applies to a corporation—
(a) that is a registered corporation included in the category for intra group financiers or the category for other financial corporations; or
(b) that is a registered corporation—
(i) the sum of the values of all the assets of which in Australia does not exceed $5,000,000; and
(ii) that is included in the category for general financiers or the category for credit co-operatives.
(2) For the purpose of determining whether a registered corporation included in a category referred to in sub-paragraph (1) (b) (ii) is a corporation to which this Part applies, the values of the assets of the corporation at any time are the values of those assets as determined in accordance with the methods by which the values of assets were ascertained for the purposes of the audited balance sheet of the corporation that was at that time the most recent audited balance sheet of the corporation.
Registered corporations to state that they are corporations to which this Part applies
9. For the purposes of section 11 of the Act—
(a) if, at the commencement of this Part, a corporation included in a category referred to in sub-paragraph 8 (1) (b) (ii) is a corporation to which this Part applies, the corporation shall, before the expiration of the period of 30 days after the date of commencement of this Part, furnish to the Reserve Bank a statement substantially in accordance with Form 9 in the Schedule; and
(b) where, after the commencement of this Part, a corporation included in a category referred to in sub-paragraph 8 (1) (b) (ii) becomes a corporation to which this Part applies, whether at the time of its incorporation or at a later time and whether or not the corporation has previously been a corporation to which this Part applies, the corporation shall, before the expiration of the period of 30 days after the day on which the corporation became a corporation to which this Part applies, furnish to the Reserve Bank a statement substantially in accordance with Form 9 in the Schedule.
Registered corporations to furnish quarterly statements
10. (1) For the purposes of section 11 of the Act, a corporation to which this Part applies shall—
(a) within the period of 21 days after the last day of the first quarter ending after the corporation becomes such a corporation (whether or not that corporation has previously been such a corporation); and
(b) within the period of 21 days after the last day of each successive quarter,
furnish to the Reserve Bank and to the Statistician a quarterly statement substantially in accordance with whichever of Forms 10, 11, 12 and 13 in the Schedule is appropriate to the category in which the corporation is included.
(2) The first quarter after a corporation becomes a corporation to which this Part applies commences—
(a) if, at the commencement of this Part, the corporation is a corporation to which this Part applies—on 1 July 1984;
(b) where, after the commencement of this Part, a corporation included in a category referred to in sub-paragraph 8 (1) (b) (ii) becomes a corporation to which this Part applies—on a day specified by the Reserve Bank in relation to the corporation, being a day not later than 95 days after the day on which the corporation furnishes to the Reserve Bank the statement referred to in paragraph 5 (a) or (b); and
(c) in any other case—on a day specified by the Reserve Bank in relation to the corporation, being a day not earlier than the day on which the corporation became a corporation to which this Part applies and not later than 95 days after the day on which the corporation became a corporation to which this Part applies.
(3) A quarter, other than a quarter referred to in sub-regulation (2), in relation to the corporation commences on the day next succeeding the last day of the immediately preceding quarter in relation to the corporation.
(4) Each quarter in relation to a corporation shall be of such duration, being not less than 78 days nor more than 108 days, as the Reserve Bank specifies in relation to the corporation.
Related corporations in the same category may be treated as one
11. (1) For the purpose of the application of these Regulations in relation to the furnishing of a statement referred to in sub-regulation 10(1), any 2 or more corporations that are related to each other and are included in the same category may, with the consent in writing of the Reserve Bank or the Statistician, be treated as constituting a single corporation.
(2) Where, in pursuance of sub-regulation (1), the Reserve Bank or the Statistician consents to 2 or more corporations being treated as constituting a single corporation, any transactions between those corporations shall be disregarded in the completion of a statement referred to in sub-regulation 10 (1) made jointly in respect of those corporations.
PART IV—SIX MONTHLY STATEMENTS
Application of Part IV
12. This Part applies to a corporation that is a registered corporation included in the category for retailers.
Registered corporations that are retailers to furnish six-monthly statements
13. (1) For the purposes of section 11 of the Act, a registered corporation to which this Part applies shall—
(a) within the period of 21 days after the last day of the first statistical period after the corporation becomes such a corporation (whether or not that corporation has previously been such a corporation); and
(b) within the period of 21 days after the last day of each successive statistical period,
furnish to the Reserve Bank and to the Statistician a Retailer’s Six Monthly Statement of Loans and Advances Outstanding substantially in accordance with Form 14 in the Schedule.
(2) The first statistical period after a corporation becomes a corporation to which this Part applies commences—
(a) if, at the commencement of this Part, the corporation is a corporation to which this Part applies—on 1 July 1984; and
(b) in any other case—on a day specified by the Reserve Bank in relation to the corporation, being a day not earlier than the day on which the corporation became a corporation to which this Part applies and not later than 190 days after the day on which the corporation became a corporation to which this Part applies.
(3) A statistical period in relation to a corporation shall be of such duration, being not less than 156 days and not more than 216 days, as the Reserve Bank specifies in relation to the corporation.
Related corporations that are retailers may be treated as one
14. (1) For the purpose of the application of these Regulations in relation to the furnishing of a statement referred to in sub-regulation 13 (1), any 2 or more corporations that are related to each other and are included in the category for retailers may, with the consent in writing of the Reserve Bank or the Statistician, be treated as constituting a single corporation.
(2) Where, in pursuance of sub-regulation (1), the Reserve Bank or the Statistician consents to 2 or more corporations being treated as constituting a single corporation, any transactions between those corporations shall be disregarded in the completion of a statement referred to in sub-regulation 13 (1) made jointly in respect of those corporations.
PART V—MISCELLANEOUS
Repeal of former Financial Corporations (Statistics) Regulations
15. Statutory Rules 1976 Nos. 101 and 168, Statutory Rules 1977 No. 151 and Statutory Rules 1978 No. 115 are repealed.
Saving
16. Where, immediately before the commencement of this Part—
(a) a registered corporation was included in either the category for intra group financiers or the category for other financial corporations; and
(b) the corporation was a registered corporation to which Part II of the former Regulations applied,
the corporation shall furnish to the Reserve Bank and to the Statistician any Periodical Statement of Financial Operations, Assets and Selected Liabilities that it would, but for these Regulations, have been required so to furnish in respect of any statistical period ending before 1 July 1984, as if the former Regulations were still in operation.
Image unavailable in extracted textSCHEDULE
FORMS
FORM 1 Regulation 5
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
STATEMENT IN PURSUANCE OF REGULATION 5 OF THE FINANCIAL CORPORATIONS (STATISTICS) REGULATIONS
In pursuance of regulation 5 of the Financial Corporations (Statistics) Regulations ................................................... states that on 19 it became
(name of corporation)
a corporation to which Part II of the Financial Corporations (Statistics) Regulations applies.
Dated this day of 19 .
Image unavailable in extracted text(Signature of a senior officer of the corporation)
SCHEDULE—continued
FORM 2 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
BUILDING SOCIETIES PERIODICAL STATEMENT OF FINANCIAL OPERATIONS, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT.........../.........../19.........
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(b) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(c) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(d) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(e) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(f) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purposes of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III, IV or V to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the...............................................................of........................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Financial Operations, Assets, Selected Liabilities and Interest rates dated......./......../......... and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, financial operations and interest rates of the corporation in respect of which the statement is made as those assets, liabilities, operations and interest rates are shown in the books, accounts and records of the corporation.
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
Supply full details (e.g. shareholding or borrowing sizes, term or period of notice required for withdrawal) of each rate offered under any facility which does not fit clearly into any one of the above 3 sub-items.
PART V MATURITY DISSECTION OF BORROWINGS AT END OF PERIOD
ONLY TO BE COMPLETED FOR THE MONTHS OF SEPTEMBER, DECEMBER, MARCH AND JUNE
$’000
21. SECURED BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS, AND BORROWINGS BY THE ACCEPTANCE OF BILLS OF EXCHANGE AND THE ISSUE OF PROMISSORY NOTES) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
(1) Not exceeding 3 months...............................
......................
(2) Exceeding 3 months but not exceeding 6 months...............
......................
(3) Exceeding 3 months but not exceeding 1 year.................
Total of item 21 (Direction 34)..........................
......................
SCHEDULE—continued
22. UNSECURED BORROWINGS AND WITHDRAWABLE SHARE CAPITAL FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS, AND BORROWINGS BY THE ACCEPTANCE OF BILLS OF EXCHANGE AND THE ISSUE OF PROMISSORY NOTES) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
(1) At call (Direction 35).................................
......................
(2) Not exceeding 7 days but not at call.......................
......................
(3) Exceeding 7 days but not exceeding 3 months................
......................
(4) Exceeding 3 months but not exceeding 6 months...............
......................
(5) Exceeding 3 months but not exceeding 1 year.................
Total of item 22 (Direction 36)..........................
......................
Image unavailable in extracted textCOMMENTS: Please provide any comments which you consider would assist in interpreting the information supplied in this statement.
Image unavailable in extracted textPlease nominate the officer to be contacted if any queries arise regarding this statement
1. Show the amount of credit facilities that involve commitments to provide finance.
2. Include all loan and advance moneys disbursed during the period in respect of which outstandings would be reported in sub-items 15 (2), (3) and (4) whether or not the moneys disbursed were repaid during the period.
3. (1) Report cash collections of principal repayments and interest.
(2) Include proceeds from the sale of existing finance agreements.
(3) Do not include other liquidations such as bad debts written off.
4. Include penalty interest and management fees charged against loan accounts.
5. Include all interest and dividends credited to unsecured borrowing and withdrawable share accounts during the period, but exclude interest accrued which is not credited.
6. Do not include interest or dividends paid on withdrawals which have not first been credited to unsecured borrowing and withdrawable share accounts.
7. Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
8. Include overdrafts only to the extent that they have not been drawn upon.
9. Include all lines that involve arrangements by banks or others to provide accommodation facilities to the corporation. Facilities that also involve commitments to discount bills of exchange should be excluded from item 4 and included in item 3.
10. Building societies with a fixed share capital are to include so much of their paid up capital as is not available to their shareholders for individual withdrawal by them. All other moneys received by building societies for the issue of shares are to be included in the amount entered in sub-item 6 (4) (c).
11. (1) Include interest which has been capitalised.
(2) Do not include interest that has accured on borrowings but is not yet paid.
(3) Do not include non-withdrawable share capital.
12. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities.
SCHEDULE—continued
13. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
14. Include advances received under Commonwealth and State Housing Agreements.
15. Include government insurance offices.
16. (1) Include only the value of assets in Australia in the amounts entered in items 8 to 16 (inclusive)
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 8 to 15 (inclusive) but are to include it in the amount entered in item 16.
17. (1) Do not include deposits with government or other stabilisation or contingency funds. Such deposits should be included in item 16.
(2) Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes
18. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 15; and
(c) bills of exchange lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 15)
19. Include public marketing authorities with public authorities.
20. Include only—
(1) bills of exchange drawn by registered corporations where they are accepted by a bank; and
(2) bills of exchange accepted by registered corporations and endorsed by a bank.
21. Do not include promissory notes lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 15.
22. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 15.
(3) Do not include bills of exchange and promissory notes issued by public authorities
23. Include all forms of securities not elsewhere included and shares of all kinds.
24. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include all non-equity (i. e. debt) participation in leveraged lease agreements.
(3) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 16.
(4) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 16.
25. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 15 (3) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 15(4).
SCHEDULE—continued
26. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 15 (4).
27. Show the interest rates that, as at the end of the period, were the rates normally applicable in respect of new transactions of the classes specified.
28. Do not include particulars of interest rates applicable in respect of deposits in contractual savings accounts.
29. State frequency with which interest is credited to accounts or paid (for example monthly, quarterly, half-yearly, on maturity).
30. Show all fixed term accounts, including those requiring notice of withdrawal after expiry of the term.
31. Complete only if a period of notice of withdrawal is required.
32. Include only those accounts with a notice period that is immediately available. Accounts with notice periods in addition to fixed terms should be included in sub-item 19 (2).
33. State rests at which interest is calculated (for example monthly, quarterly, half-yearly).
34. The total of this item should equal sub-item 6 (4) (a).
35. Include only funds withdrawable on demand. Funds withdrawable at one day’s notice should be included in sub-item 22 (2).
36. The total of this item should equal the sum of sub-items 6 (4) (b) and (c).
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SCHEDULE—continued
FORM 3 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
AUTHORISED MONEY MARKET DEALERS PERIODICAL STATEMENT OF ASSETS AND SELECTED LIABILITIES
AS AT…../…../19…..
NAME OF REGISTERED CORPORATION…………………………………………………………..
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(b) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(c) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(d) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(e) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(f) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III or IV to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the........................................................ of..............................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Assets and Selected Liabilities dated......./......./....... and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets and liabilities of the corporation in respect of which the statement is made as those assets and liabilities are shown in the books, accounts and records of the corporation
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
13. TOTAL ASSETS.......................................
.................
PART III MATURITY DISSECTION OF BORROWINGS AND COMMONWEALTH GOVERNMENT SECURITIES HELD
14. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
(1) At call and up to 24 hours................................
................
(2) Exceeding 24 hours but not exceeding 7 days...................
................
(3) Exceeding 7 days but not exceeding 3 months...................
................
(4) Exceeding 3 months but not exceeding 1 year...................
1. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
(3) Do not include borrowings from the Reserve Bank’s lender of last resort facility.
2. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
3. (1) Include only the value of assets in Australia in the amounts entered in items 3 to 11 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
SCHEDULE—continued
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 3 to 10 (inclusive) but are to include it in the amount entered in item 11.
4. Do not include the following, which should be reported in specific items elsewhere:
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
5. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 10); and
(c) bills of exchange lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 10).
6. Include public marketing authorities with public authorities.
7. include only—
(a) bills of exchange drawn by registered corporations where they are accepted by a bank; and
(b) bills of exchange accepted by registered corporations and endorsed by a bank.
8. Do not include promissory notes lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 10.
9. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 10.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
10. Include all forms of securities not elsewhere included and shares or all kinds.
11. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 11.
(5) Do not deduct provisions for doubtful debts from this item. Provisions for doubtful debts should be deducted from item 11.
12. (1) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 10 (4).
(2) Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 10 (4).
13. The total of this item should equal the sum of sub-items 1 (2) and (3).
14. The total of this item should equal sub-item 8 (2).
15. Include government insurance offices.
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SCHEDULE—continued
FORM 4 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
MONEY MARKET CORPORATION PERIODICAL STATEMENT OF FINANCIAL OPERATIONS, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT......./......./19.......
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category Money Market Corporations, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III, IV, V or VI to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the................................................................................................. do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the...........................................................of............................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Financial Operations, Assets, Selected Liabilities and Interest Rates dated....../....../......, and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, financial operations and interest rates of the corporation(s) in respect of which the statement is made as those assets, liabilities, operations and interest rates are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
20. TOTAL ASSETS......................................
...................
PART IV INTEREST RATES
21. BORROWING RATES (Direction 24)
<table cellspacing="0" cellpadding="0" style="width:100%; margin-right:auto; margin-left:auto; border-collapse:collapse"><tbody><tr style="height:38.9pt"><td style="width:304.85pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:middle; background-color:#ffffff"><p style="text-align:center; font-size:12pt; background-color:#ffffff"><span>Term to maturity</span></p></td><td style="width:79.45pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:middle; background-color:#ffffff"><p style="text-align:center; font-size:12pt; background-color:#ffffff"><span>Value of funds received $’000</span></p></td><td colspan="2" style="width:95.15pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:middle; background-color:#ffffff"><p style="text-align:center; font-size:12pt; background-color:#ffffff"><span>Weighted average interest rate (per cent per annum)</span></p></td></tr><tr style="height:16.55pt"><td style="width:304.85pt; border-top:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>(1) At call and up to 24 hours</span><span style="width:153.56pt; font-family:'Lucida Console', monospace; display:inline-block">.....................</span></p></td><td colspan="3" style="width:178.6pt; border-top:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>……………………………………...</span></p></td></tr><tr style="height:9.85pt"><td style="width:304.85pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>(2) Exceeding 24 hours but not exceeding 7 days</span><span style="width:60.6pt; font-family:'Lucida Console', monospace; display:inline-block">........</span></p></td><td colspan="3" style="width:178.6pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>……………………………………...</span></p></td></tr><tr style="height:13.45pt"><td style="width:304.85pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>(3) Exceeding 7 days but not exceeding 3 months</span><span style="width:57.92pt; font-family:'Lucida Console', monospace; display:inline-block">........</span></p></td><td colspan="3" style="width:178.6pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>……………………………………...</span></p></td></tr><tr style="height:36pt"><td colspan="3" style="width:404.7pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><div style="background-color:#ffffff"><p style="margin-left:14.4pt; text-indent:-14.4pt; text-align:justify; font-size:12pt"><span>22. BASE LENDING RATE APPLICABLE TO A TERM LOAN ON THE SECOND LAST WORKING DAY OF THE PERIOD (NOMINAL INTEREST RATE PER CENT PER ANNUM)</span><span></span></p></div></td><td style="width:78.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:bottom; background-color:#ffffff"><p style="text-align:justify; font-size:12pt; background-color:#ffffff"><span>....................</span></p></td></tr><tr style="height:0pt"><td style="width:308.85pt"></td><td style="width:83.45pt"></td><td style="width:16.4pt"></td><td style="width:82.75pt"></td></tr></tbody></table>
PART V MATURITY DISSECTION OF BORROWINGS, LOAN OUTSTANDINGS AND SELECTED SECURITIES AT END OF PERIOD
23. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
$’000
(1) At call and up to 24 hours..................................
..................
(2) Exceeding 24 hours but not exceeding 7 days.....................
..................
(3) Exceeding 7 days but not exceeding 3 months.....................
..................
(4) Exceeding 3 months but not exceeding 1 year.....................
Total of item 24 (Direction 26).............................
..................
SCHEDULE—continued
25. OTHER PLACEMENTS AND DEPOSITS (OTHER THAN WITH RELATED CORPORATIONS), FINANCE LEASE RECEIVABLES AND LOAN OUTSTANDINGS (OTHER THAN TO RELATED CORPORATIONS) CLASSIFIED BY REMAINING PERIOD TO MATURITY
(1) Not exceeding 1 month....................................
................
(2) Exceeding 1 month but not exceeding 3 months....................
................
(3) Exceeding 3 months but not exceeding 1 year.....................
................
(4) Exceeding 1 years but not exceeding 3 years......................
1. Include commitments to provide finance that involve or make provision for the issuing of bills of exchange.
2. Show the amounts by which total existing commitments were increased or decreased during the period, and the amount of new commitments made during the period.
3. Include the amount of loan commitments to the extent to which the loan moneys have not been disbursed, and the amount of bill discount facilities to the extent that they have not been drawn upon.
4. Include the amount of facilities made available by the corporation for the acceptance or endorsement of bills of exchange only where the arrangements under which the facilities are made available do not involve a commitment by the corporation to provide finance.
SCHEDULE—continued
5. (1) Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
(2) Include all lines which involve commitments to discount bills of exchange, even where such bills are also part of acceptance/endorsement lines available to the corporation.
(3) Do not include lines that only involve commitments to provide accommodation facilities to the corporation. Such facilities should be included in item 4.
6. Include overdrafts only to the extent that they have not been drawn upon.
7. Include all lines that involve arrangements by banks or others to provide accommodation facilities to the corporation. Facilities that also involve commitments to discount bills of exchange should be excluded from item 4 and included in item 3.
8. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
9. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities (liabilities arising from accommodation facilities are to be included in item 7).
10. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
11. (1) Include only the value of assets in Australia in the amounts entered in items 8 to 18 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 8 to 17 (inclusive) but are to include it in the amount entered in item 18.
12. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
13. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 16); and
(c) bills of exchange lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 16).
14. Include public marketing authorities with public authorities.
15. Include only—
(a) bills of exchange drawn by registered corporations where they are accepted by a bank; and
(b) bills of exchange accepted by registered corporations and endorsed by a bank.
16. Do not include promissory notes lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 16.
17. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 16.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
18. Include all forms of securities not elsewhere included and shares of all kinds.
19. (1) Include amounts receivable by the corporation as lessor under finance tease agreements (including partnership lease agreements).
(2) Finance lease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
SCHEDULE—continued
(3) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 18.
20. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings except where land or buildings form part of a total package of assets included in a lease agreement.
21. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
22. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 18.
(5) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 18.
23. (1) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 16 (4).
(2) Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 16 (4).
24. For each of the terms to maturity specified show, for the second last working day of the period, the funds received by the corporation and the weighted average interest rate percent per annum for borrowings of the types described by sub-items 5 (1) and 5 (2) (b) and (c).
25. The total of this item should equal the sum of sub-items 5 (1) and 5 (2) (b) and (c).
26. The total of this item should equal the sum of items 11 and 12.
27. The total of this item should equal the sum of sub-items 10 (2) and (3), 15 (1) and (2) and 16 (2), (3) and (4).
28. The total of this item should equal the sum of sub-items 16 (2) and (4).
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SCHEDULE—continued
FORM 5 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
PASTORAL FINANCE COMPANIES PERIODICAL STATEMENT OF STANDBY FACILITIES, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT......../......../19........
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category for Pastoral Finance Companies, do not include any transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III, IV or V to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the..........................................................of.............................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Standby Facilities, Assets, Selected Liabilities and Interest Rates dated......../......../........, and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, standby facilities and interest rates of the corporation(s) in respect of which the statement is made as those assets, liabilities, standby facilities and interest rates are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
Image unavailable in extracted textPART V MATURITY DISSECTION OF BORROWINGS AND LOAN OUTSTANDINGS AT END OF PERIOD
ONLY TO BE COMPLETED FOR THE MONTHS OF SEPTEMBER, DECEMBER, MARCH AND JUNE
19. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
1. Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
2. Include overdrafts only to the extent that they have not been drawn upon.
3. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
4. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities.
5. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank,
6. Include funds received from woolbuyers and other produce buyers prior to the date of settlement with the producer.
7. (1) Include only the value of assets in Australia in the amounts entered in items 5 to 14 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 5 to 12 (inclusive) but are to include it in the amount entered in item 14.
8. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks:
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
9. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 12); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 12).
10. Include public marketing authorities with public authorities.
SCHEDULE—continued
11. Include only—
(a) bills of exchange drawn by registered corporations where they are accepted by a bank;
(b) bills of exchange accepted by registered corporations, and
(c) promissory notes issued by registered corporations.
12. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 12.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
13. Include all forms of securities not elsewhere included and shares of all kinds.
14. (1) Include amounts receivable by the corporation as lessor under finance lease agreements (including partnership lease agreements).
(2) Finance lease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
(3) Do not deduct provisions for doubtful debts Provisions for doubtful debts should be deducted from item 14.
15. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings, except where land or buildings form part of a total package of assets included in a lease agreement.
16. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
17. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold, and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 13.
(5) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 14.
18. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 12 (3) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 12 (4) (b).
19. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 12 (4).
20. Include other loans, including seasonal credit, to those engaged in agriculture and pastoral production.
21 Include only amounts due from trade debtors for the sale of goods or the provision of services being amounts not included in item 12.
22. Include trade debts due from those engaged in agriculture and pastoral production.
23. Show the interest rates that, as at the end of the period, were the rates normally applicable in respect of new transactions of the classes specified.
SCHEDULE—continued
24. (1) Do not include interest rates applicable to borrowings from banks, related corporations, or clients’ credit balances.
(2) Show interest rates applicable to lodgments of funds at call or for a fixed period of time including those against which debentures or unsecured notes are issued.
(3) Where interest rates vary according to the priority of the security on offer, show the rate applicable to the highest ranking security and indicate the ranking of the security.
25. State frequency with which interest is credited to accounts or paid (for example monthly, quarterly, half-yearly, on maturity).
26. (1) Interest rates are to be shown as nominal rates per cent per annum.
(2) Show the range of rates and the most common rate applicable to advances to rural producers. These rates should be those which apply to advances with no special features.
27. State rests at which interest is calculated (for example, monthly, quarterly, half-yearly).
28. The total of this item should equal the sum of sub-items 2 (1), (2) and (3) (c).
29. The total of this item should equal the sum of sub-items 11 (1) and (2), 12 (2), (3) and (4).
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SCHEDULE—continued
FORM 6 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
FINANCE COMPANIES PERIODICAL STATEMENT OF FINANCIAL OPERATIONS, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT......./......./19.......
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category Finance Companies, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III, IV, V or VI to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement shall be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
Image unavailable in extracted text
SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the.................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the...............................................................of......................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Financial Operations, Assets, Selected Liabilities and Interest Rates dated......./......./......., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, financial operations and interest rates of the corporation(s) in respect of which the statement is made as those assets, liabilities, operations and interest rates are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
PART VI MATURITY DISSECTION OF BORROWINGS AND LOAN OUTSTANDINGS AT END OF PERIOD
ONLY TO BE COMPLETED FOR THE MONTHS OF SEPTEMBER, DECEMBER, MARCH AND JUNE
27. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
$’000
(1) At call and up to 24 hours...................................
................
(2) Exceeding 24 hours but not exceeding 3 months....................
................
(3) Exceeding 3 months but not exceeding 1 years.....................
................
(4) Exceeding 1 years but not exceeding 2 years......................
................
(5) Exceeding 1 years but not exceeding 5 years......................
1. (1) Show the amount of credit facilities that involve commitments to provide finance, including standby arrangements, and commitments to discount bills of exchange.
(2) Include the amount of loan commitments to the extent to which the loan moneys have not been disbursed, and the amount of bill discount facilities to the extent that they have not been drawn upon.
2. (1) Include all loan and advance moneys disbursed during the period in respect of which outstandings would be reported in sub-items 16 (2), 18 (2), 18 (3) and 18 (4), whether or not the moneys disbursed were repaid during the period.
(2) The amount reported in respect of finance lease agreements should be the value of goods newly leased in the period.
3. (1) Report cash collections of principal repayments and interest.
(2) Include proceeds from the sale of existing finance agreements.
(3) Include lease payments and realisations on leased goods at lease expiry.
(4) Do not include other liquidations such as bad debts written off, rebates for early payouts and proceeds of repossessions.
4. Include funds re-invested from issues of debentures/unsecured notes that have matured.
5. Where borrowings have been made by acceptance of bills of exchange do not include rollovers of those bills.
6. (1) Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
(2) Include all lines which involve commitments to discount bills of exchange, even where such bills are also part of acceptance/endorsement lines available to the corporation.
(3) Do not include lines that only involve commitments to provide accommodation facilities to the corporation. Such facilities should be included in item 4.
7. Include overdrafts only to the extent that they have not been drawn upon.
8. Include all lines that involve arrangements by banks or others to provide accommodation facilities to the corporation. Facilities that also involve commitments to discount bills of exchange should be excluded from item 4 and included in item 3.
9. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
10. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities (liabilities arising from accommodation facilities are to be included in item 8).
11. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
12. (1) Include only the value of assets in Australia in the amounts entered in items 9 to 21 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 9 to 18 (inclusive) but are to include it in the amount entered in item 21.
SCHEDULE—continued
13. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes, and
(e) holdings of securities such as debentures and unsecured notes.
14. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 18); and
(c) bills of exchange lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18).
15. Include public marketing authorities with public authorities.
16. Include only—
(a) bills of exchange drawn by registered corporations where they are accepted by a bank, and
(b) bills of exchange accepted by registered corporations.
17. Do not include promissory notes lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18.
18. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
19. Include all forms of securities not elsewhere included and shares of all kinds.
20. (1) Include amounts receivable by the corporation as lessor under finance lease agreements (Including partnership lease agreements)
(2) Finance lease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
(3) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 21.
21. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings, except where land or buildings form part of a total package of assets included in a lease agreement.
22. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
23. (1) Include the value of goods leased or rented under the agreements other than hire purchase and finance lease agreements.
(2) Do not include land, buildings or areas of buildings.
24 (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 21.
(5) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 21.
SCHEDULE—continued
25. Include loans and advances made to finance the development of real estate for residential, commercial or industrial uses. The development of real estate includes the consolidation of blocks of land into larger units, the sub-division of land, providing essential services for land and erecting buildings.
26. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 18 (3) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 18 (4) (a).
27. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 18 (4) (d).
28. For each of the terms to maturity specified show, for the second last working day of the period, the funds received by the corporation and the weighted average interest rate per cent per annum for borrowings of the types described by sub-items 6 (2), (3) and (4) (c).
29. Show the nominal interest rates (per cent per annum) that, as at the end of the period, were the rates normally applicable in respect of new transactions of the classes specified.
30. The total of this item should equal the sum of sub-items 6 (1), (2), (3) and (4) (c).
31. The total of this item should equal the sum of sub-items 16 (1) and (2) and 18 (2), (3) and (4).
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SCHEDULE—continued
FORM 7 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
GENERAL FINANCIERS PERIODICAL STATEMENT OF FINANCIAL OPERATIONS, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT........./........./19.........
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category for General Financiers, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or (ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, III, IV or V to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
Image unavailable in extracted text
SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the………………………………………………………………..do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the..........................................................of.............................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Financial Operations, Assets, Selected Liabilities and Interest Rates dated......./......./......., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, financial operations and interest rates of the corporation(s) in respect of which the statement is made as those assets, liabilities, operations and interest rates are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
23. TOTAL ASSETS........................................
..................
Image unavailable in extracted textPART IV INTEREST RATES
24. LENDING RATES (Direction 28)
(Percent per annum)
(1) Lease finance for new cars and station wagons...................
..........................
(2) Term loans secured by first mortgage to commercial borrowers other than related corporations
..........................
PART V MATURITY DISSECTION OF BORROWINGS AND LOAN OUTSTANDINGS AT END OF PERIOD
ONLY TO BE COMPLETED FOR THE MONTHS OF SEPTEMBER, DECEMBER, MARCH AND JUNE
$’000
25. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
(1) At call and up to hours...................................
...................
(2) Exceeding 24 hours but not exceeding 3 months..................
...................
(3) Exceeding 3 months but not exceeding 1 year....................
...................
(4) Exceeding 1 year but not exceeding 2 year......................
...................
(5) Exceeding 2 years but not exceeding 5 year.....................
1. (1) Show the amount of credit facilities that involve c commitments to provide finance, including standby arrangements, and commitments to discount bills of exchange.
(2) Include the amount of loan commitments to the extent to which the loan moneys have not been disbursed, and the amount of bill discount facilities to the extent that they have not been drawn upon.
2. (1) Include all loan and advance moneys disbursed during the period in respect of which outstandings would be reported in sub-items 16 (2) and 18 (2), (3) and (4), whether or not the moneys disbursed were repaid during the period.
(2) The amount reported in respect of finance lease agreements should be the value of goods newly leased in the period.
3. (1) Report cash collections of principal repayments and interest.
(2) Include proceeds from the sale of existing finance agreements.
(3) Include lease payments and realisations on leased goods at lease expiry.
(4) Do not include other liquidations such as bad debts written off, rebates for early payouts and proceeds of repossessions.
4. Include funds re-invested from issues of debentures/unsecured notes that have matured.
5. Where borrowings have been made by acceptance of bills of exchange do not include rollovers of those bills.
6. (1) Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
(2) Include all lines which involve commitments to discount bills of exchange, even where such bills are also part of acceptance/endorsement lines available to the corporation.
(3) Do not include lines that only involve commitments to provide accommodation facilities to the corporation. Such facilities should be included in item 4.
7. Include overdrafts only to the extent that they have not been drawn upon.
SCHEDULE—continued
8. Include all lines that involve arrangements by banks or others to provide accommodation facilities to the corporation. Facilities that also involve commitments to discount bills of exchange should be excluded from item 4 and included in item 3.
9. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
10. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities (liabilities arising from accommodation facilities are to be included in item 8).
11. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
12. (1) Include only the value of assets in Australia in the amounts entered in items 9 to 21 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 9 to 18 (inclusive) but are to include it in the amount entered in item 21.
13. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
14. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 18); and
(c) bills of exchange lodged with the corporation at collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18).
15. Include public marketing authorities with public authorities.
16. Include only—
(a) bills of exchange drawn by registered corporations where they are accepted by a bank; and
(b) bills of exchange accepted by registered corporations.
17. Do not include promissory notes lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18.
18. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower, Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 18.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
19. Include all forms of securities not elsewhere included and shares of all kinds.
20. (1) Include amounts receivable by the corporation as lessor under finance lease agreements (including partnership lease agreements).
(2) Finance lease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
(3) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 21.
21. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings, except where land or buildings form part of a total package of assets included in a lease agreement.
SCHEDULE—continued
22. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
23. (1) Include the value of goods leased or rented under agreements other than hire purchase and finance lease agreements.
(2) Do not include land, buildings or areas of buildings.
24. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold, and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 21.
(5) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 21.
25. Include loans and advances made to finance the development of real estate for residential, commercial or industrial uses. The development of real estate includes the consolidation of blocks of land into larger units, the sub-division of land, providing essential services for land and erecting buildings.
26. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 18 (3) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 18 (4) (a).
27. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 18 (4) (d).
28 Show the nominal interest rates (per cent per annum) that, as at the end of the period, were the rates normally applicable in respect of new transactions of the classes specified. 29. The total of this item should equal the sum of sub-items 6 (1), (2), (3) and (4) (c).
30. The total of this item should equal the sum of sub-items 16 (1) and (2) and 18 (2), (3) and (4).
Image unavailable in extracted text
SCHEDULE—continued
FORM 8 Regulation 6
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
CREDIT CO-OPERATIVES PERIODICAL STATEMENT OF FINANCIAL OPERATIONS, ASSETS, SELECTED LIABILITIES AND INTEREST RATES
AS AT....../....../19......
NAME OF REGISTERED CORPORATION .........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(b) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(c) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 6;
(d) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(e) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(f) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II, HI, IV or V to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
Image unavailable in extracted text
SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the............................................................of...........................................................................
(Description of office) (Name of corporation)
2. that the Periodical Statement of Financial Operations, Assets, Selected Liabilities and Interest Rates dated......../......../........, and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities, financial operations and interest rates of the corporation in respect of which the statement is made as those assets, liabilities, operations and interest rates are shown in the books, accounts and records of the corporation.
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
(A Justice of the Peace or other person before whom a statutory declaration may be made under section 8 of the Statutory Declarations Act 1959)
Image unavailable in extracted textPART I FINANCIAL OPERATIONS
1. LENDING OPERATIONS WITH RESIDENTS (OTHER THAN LOANS TO RELATED CORPORATIONS)
$’000
(1) Loans advanced and book debts purchased during period (Direction 1)....
.................
(2) Payments received during period in respect of loans made (Direction 2)...
.................
(3) Interest debited to loan accounts during period (Direction 3)...........
.................
2. AMOUNT OF INTEREST CREDITED TO DEPOSIT ACCOUNTS OF RESIDENTS DURING PERIOD
.................
3. UNUSED BORROWING LINES AND STANDBY FACILITIES AVAILABLE TO THE CORPORATION BY RESIDENTS (OTHER THAN RELATED CORPORATIONS) AT END OF PERIOD (Direction 4)
Supply full details (e.g. deposit size, term or period of notice required for withdrawal) of each rate offered under any facility which does not fit clearly into any one of the above 3 sub-items.
PART V MATURITY DISSECTION OF BORROWINGS AT END OF PERIOD
ONLY TO BE COMPLETED FOR THE MONTHS OF SEPTEMBER, DECEMBER, MARCH AND JUNE
17. BORROWINGS FROM RESIDENTS (OTHER THAN BORROWINGS FROM RELATED CORPORATIONS AND BANKS) CLASSIFIED BY PERIOD OF NOTICE FOR WITHDRAWAL, OR REMAINING PERIOD TO MATURITY WHERE A MATURITY DATE IS SPECIFIED
$’000
(1) At call..............................................
....................
(2) Not exceeding 3 months but not at call.........................
....................
(3) Exceeding 3 months but not exceeding 6 months...................
....................
(4) Exceeding 6 months but not exceeding 1 year.....................
1. Include all loan and advance moneys disbursed during the period in respect of which outstandings would be reported in sub-items 11 (2) and (3), whether or not the moneys disbursed were repaid during the period.
2. (1) Report cash collections of principal repayments and interest.
(2) Include proceeds from the sale of existing finance agreements.
(3) Do not include other liquidations such as bad debts written off, rebates for early payouts and proceeds of repossessions.
3. Include penalty interest and management fees charged against loan accounts.
4. Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
5. Include overdrafts only to the extent that they have not been drawn upon.
6. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
7. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
8. (1) Include only the value of assets in Australia in the amounts entered in items 5 to 12 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
SCHEDULE—continued
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 5 to 11 (inclusive) but are to include it in the amount entered in item 12.
9. (1) Do not include deposits with government or league/association stabilisation funds. Such deposits should be included in item 12.
(2) Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
10. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 11); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11).
11. Include public marketing authorities with public authorities.
12. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11.
(3) Do not include bills of exchange and promissory notes issued by public authorities.
13. Include all forms of securities not elsewhere included and shares of all kinds.
14. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(3) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 12.
(4) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 12.
15. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 11 (2) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 11 (3).
16. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 11 (3).
17. Show the interest rates that, as at the end of the period, were the rates normally applicable in respect of new transactions of the classes specified.
18. Do not include interest rates applicable in respect of deposits which have been accepted under a scheme under which a special service is provided for the depositors and in respect of which special interest rates apply.
19. State frequency with which interest is credited to accounts or paid (for example monthly, quarterly, half-yearly, on maturity).
20. Show all fixed term accounts, including those requiring notice of withdrawal after expiry of the term.
21. Complete only if a period of notice before withdrawal is required.
SCHEDULE—continued
22. Include only those accounts with a notice period that is immediately available. Accounts with notice periods in addition to fixed terms should be included in sub-item 15 (2).
23. State rests at which interest is calculated (for example monthly, quarterly, half-yearly).
24. Where interest rates on secured loans vary with characteristics of the loan (e.g. loan sizes, purpose or type of security), report details of each rate.
25. The total of this item should equal the sum of sub-items 4 (2), (3) and (4).
Image unavailable in extracted textFORM 9 Regulation 9
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
STATEMENT IN PURSUANCE OF REGULATION 9 OF THE FINANCIAL CORPORATIONS (STATISTICS) REGULATIONS
In pursuance of regulation 9 of the Financial Corporations (Statistics) Regulations, .....................................................states that on 19 it became a corporation to
(Name of corporation)
which Part III of the Financial Corporations (Statistics) Regulations applies.
Dated this day of 19 .
(Signature of a senior officer of the corporation)
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SCHEDULE—continued
FORM 10 Regulation 10
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
INTRA GROUP FINANCIERS QUARTERLY STATEMENT OF STANDBY FACILITIES, ASSETS AND SELECTED LIABILITIES
AS AT....../....../19......
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category Intra Group Financiers, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 10;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II or III to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the.................................................................................................do solemnly and sincerely declare:
(State or territory) (Occupation)
1. that I am the.............................................................of.........................................................................
(Description of office) (Name of corporation)
2. that the Quarterly Statement of Standby Facilities, Assets and Selected Liabilities dated......./......./......., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities and standby facilities of the corporation(s) in respect of which the statement is made as those assets, liabilities and standby facilities are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
14. TOTAL ASSETS.........................................
.............
Image unavailable in extracted textCOMMENTS: Please provide any comments which you consider would assist in interpreting the information supplied in this statement.
Image unavailable in extracted textPlease nominate the officer to be contacted if any queries arise regarding this statement
1. Include ail borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
2. Include overdrafts only to the extent that they have not been drawn upon.
3. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
4. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities.
5. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
SCHEDULE—continued
6. (1) Include only the value of assets in Australia in the amounts entered in items 4 to 12 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 4 to 11 (inclusive) but are to include it in the amount entered in item 12.
7. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
8. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 11); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11).
9. Include public marketing authorities with public authorities.
10. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11).
(3) Do not include bills of exchange and promissory notes issued by public authorities.
11. Include all forms of securities not elsewhere included and shares of all kinds.
12. (1) Include amounts receivable by the corporation as lessor under finance lease agreements (including partnership lease agreements).
(2) Finance lease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
(3) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 12.
13. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings, except where land or buildings form part of a total package of assets included in a lease agreement.
14. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
15. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 12.
(5) Do not deduct provisions for doubtful debts. Provisions for doubtful debts should be deducted from item 12.
16. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
SCHEDULE—continued
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 11 (2) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 11 (3).
17. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 11 (3).
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SCHEDULE—continued
FORM 11 Regulation 10
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
“OTHER FINANCIAL CORPORATIONS” QUARTERLY STATEMENT OF STANDBY FACILITIES, ASSETS AND SELECTED LIABILITIES
AS AT......./......./19......
NAME OF REGISTERED CORPORATION.........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category Other Financial Corporations, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 10;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I, II or III to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the.................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the...........................................................of............................................................................
(Description of office) (Name of corporation)
2. that the Quarterly Statement of Standby Facilities, Assets and Selected Liabilities dated ......./......./.......and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets, liabilities and standby facilities of the corporation(s) in respect of which the statement is made as those assets, liabilities and standby facilities are shown in the books, accounts and records of the corporation (s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
1. Include all borrowing lines and standby facilities that involve arrangements to provide finance to the corporation for use in its business in Australia.
2. Include overdrafts only to the extent that they have not been drawn upon.
3. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
4. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities.
5. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
6. (1) Include only the value of assets in Australia in the amounts entered in items 4 to 11 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
SCHEDULE—continued
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 4 to 10 (inclusive) but are to include it in the amount entered in item 11.
7. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
8. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 10); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 10).
9. Include public marketing authorities with public authorities.
10. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged by the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 10.
(3) Do not include bills of exchange or promissory notes issued by public authorities.
11. Include all forms of securities not elsewhere included and shares of all kinds.
12. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 11.
(5) Do not deduct provisions for doubtful debts from this item. Provisions for doubtful debts should be deducted from item 11.
13. (1) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 10 (3).
(2) Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 10 (3).
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SCHEDULE—continued
FORM 12 Regulation 10
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
GENERAL FINANCIERS QUARTERLY STATEMENT OF ASSETS AND SELECTED LIABILITIES
AS AT....../....../19......
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) where registered corporations are related to other registered corporations included in the category General Financiers, do not include transactions, or any assets or liabilities arising directly from transactions, between those corporations in this form.
(b) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(c) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(d) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 10;
(e) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(f) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(h) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I or II to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the......................................................of......................................................
(Description of office) (Name of corporation)
2. that the Quarterly Statement of Assets and Selected Liabilities dated......../......../......., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets and liabilities of the corporation in respect of which the statement is made as those assets and liabilities are shown in the books, accounts and records of the corporation.
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
1. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
2. Include all bills of exchange payable by the corporation except—
(a) bills accepted by the corporation and held by it; and
(b) bills that have been accepted on behalf of customers under accommodation facilities.
3. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
4. (1) Include only the value of assets in Australia in the amounts entered in items 3 to 13 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 3 to 11 (inclusive) but are to include it in the amount entered in item 13.
SCHEDULE—continued
5. Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
6. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 11); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11).
7. Include public marketing authorities with public authorities.
8. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 11.
(3) Do not include bills of exchange or promissory notes issued by public authorities.
9. Include all forms of securities not elsewhere included and shares of all kinds.
10. (1) Include amounts receivable by the corporation as lessor under finance lease agreements (including partnership lease agreements).
(2) Finance tease is the leasing or hiring of tangible assets under an agreement, other than a hire purchase agreement, which transfers from the lessor to the lessee substantially all the risks and benefits incident to ownership of the asset without transferring the legal ownership.
(3) Do not deduct provisions for doubtful debts from this item. Provisions for doubtful debts should be deducted from item 13.
11. (1) Include only amounts receivable by the corporation to the extent of the corporation’s equity participation in leveraged lease agreements.
(2) Do not include lease receivables under lease agreements for land and buildings, except where land or buildings form part of a total package of assets included in a lease agreement.
12. (1) Include, as finance lease receivables, any residual value of the assets leased.
(2) Do not include lease receivables under lease agreements for land and buildings in this item.
13. (1) Include the value of goods leased or rented under the agreements other than hire purchase and finance lease agreements.
(2) Do not include land, buildings or areas of buildings.
14. (1) Include all assets arising from the provision of finance that are not elsewhere included.
(2) Include the amounts of loans that involve or make provisions for—
(a) the issuing of bills of exchange accepted by the corporation whether or not the bills have been sold; and
(b) the issuing of bills of exchange drawn and held by the corporation.
(3) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(4) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 13.
(5) Do not deduct provisions for doubtful debts from this item. Provisions for doubtful debts should be deducted from item 13.
15. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of individual residential blocks of land. The amounts of these loans or advances are to be included in sub-item 11 (2) (b).
SCHEDULE—continued
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 11 (3).
16. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 11 (3).
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SCHEDULE—continued
FORM 13 Regulation 10
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
CREDIT CO-OPERATIVES QUARTERLY STATEMENT OF ASSETS AND SELECTED LIABILITIES
AS AT....../....../19......
NAME OF REGISTERED CORPORATION..........................................................................................
GENERAL DIRECTIONS
1. For the purposes of preparing this statement—
(a) a reference to a bank is to be read as a reference to—
(i) a bank within the meaning of the Banking Act 1959; or
(ii) a bank constituted by a State Act;
(b) a reference to a contingent asset is to be read as a reference to an asset which would, on the happening of a future event that may or may not happen, become an asset of the corporation making this statement;
(c) a reference to a statistical period shall be read as a reference to the first statistical period, or a successive statistical period, as the case requires, within the meaning of regulation 10;
(d) a reference to a resident is to be read as a reference to—
(i) a person, not being a body corporate, who is ordinarily resident in Australia; or
(ii) a body corporate that is incorporated in Australia;
(e) where a body corporate that is a resident has a place of business outside Australia, the body corporate shall be deemed not to be resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(f) where a body corporate that is not a resident has a place of business in Australia, the body corporate shall be deemed to be a resident in relation to the affairs of the body corporate conducted by the body corporate at or through that place of business, including any business carried on, transactions entered into and acts and things done by the body corporate at or through that place of business;
(g) the question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
All amounts entered in this statement are to be expressed in Australian currency. If an amount in respect of an overseas line of credit or in respect of an asset or liability realizable or payable in a currency other than Australian currency is to constitute or be included in any amount entered in an item in the statement, the value of the line of credit, asset or liability is to be included in the statement at the equivalent in Australian currency calculated at the rate of exchange used in determining the value of the line of credit, asset or liability for the accounts of the corporation as those accounts stood at the end of the statistical period.
3. For the purpose of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
4. A reference in Part I or II to a direction shall be read as a reference to a special direction.
5. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
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SCHEDULE—continued
(Name of officer) (Residential address of officer)
in the..................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the............................................................of...........................................................................
(Description of office) (Name of corporation)
2. that the Quarterly Statement of Assets and Selected Liabilities dated........./........./........., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the assets and liabilities of the corporation in respect of which the statement is made as those assets and liabilities are shown in the books, accounts and records of the corporation.
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
1. (1) Include interest which has been capitalised.
(2) Do not include interest that has accrued on borrowings but is not yet paid.
2. Include borrowings made by the issue of bills of exchange drawn by the corporation and accepted by a bank.
3. (1) Include only the value of assets in Australia in the amounts entered in items 2 to 9 (inclusive).
(2) Do not include contingent assets.
(3) Do not include unearned income.
(4) Corporations that include in their accounts interest that has accrued but is not yet received are to exclude that interest from the amounts entered in items 2 to 8 (inclusive) but are to include it in the amount entered in item 9.
4. (1) Do not include deposits with government or league/association stabilisation funds. Such deposits should be included in item 9.
(2) Do not include the following, which should be reported in specific items elsewhere—
(a) deposits with banks;
(b) placements with authorised dealers in the short term money market;
(c) holdings of securities issued by government or public authorities;
(d) moneys payable to the corporation on bills of exchange or promissory notes; and
(e) holdings of securities such as debentures and unsecured notes.
SCHEDULE—continued
5. Do not include—
(a) the amounts of bills held in respect of which the corporation is the acceptor;
(b) the amounts of bills held where the corporation is the drawer (the amounts of these bills are to be included in the amounts entered in item 8); and
(c) bills of exchange or promissory notes lodged with the corporation as collateral by a borrower (transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 8).
6. Include public marketing authorities with public authorities.
7. (1) Include securities mortgaged by the corporation as collateral for its borrowings.
(2) Do not include securities lodged with the corporation as collateral by a borrower. Transactions where the corporation contracts to sell back the securities lodged with the corporation as collateral by a borrower should be treated as loans, and the amounts entered in item 8.
(3) Do not include bills of exchange or promissory notes issued by public authorities.
8. Include all forms of securities not elsewhere included and shares of all kinds.
9. (1) include all assets arising from the provision of finance that are not elsewhere included.
(2) Include all non-equity (i.e. debt) participation in leveraged lease agreements.
(3) Do not include amounts due from trade debtors for the sale of goods or the provision of services where payment in full for the goods or services is required before the expiration of 3 months from the day on which the contract for their sale or provision is entered into. These amounts are to be included in item 9.
(4) Do not deduct provisions for doubtful debts from this item. Provisions for doubtful debts should be deducted from item 9.
10. (1) Include only secured loans and advances made to individuals for the purchase or construction of dwellings intended for occupation by those individuals, or for making alterations or additions to existing housing occupied by those individuals.
(2) Do not include loans or advances made to individuals to finance the purchase of residential blocks of land. The amounts of these loans or advances are to be included in sub-item 8 (2) (b).
(3) Do not include loans or advances made to finance the purchase of land for the purpose of sub-division. The amounts of these loans or advances are to be included in sub-item 8 (3).
11. Do not include finance provided to an individual for use in connection with a business carried on by him. The amounts of such finance are to be included in sub-item 8 (3).
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SCHEDULE—continued
FORM 14 Regulation 13
COMMONWEALTH OF AUSTRALIA
Financial Corporations Act 1974
RETAILER’S SIX MONTHLY STATEMENT OF LOANS AND ADVANCES
OUTSTANDING AS AT........./........./19.........
NAME OF REGISTERED CORPORATION…………………………………………………………..
GENERAL DIRECTIONS
1. The question whether corporations are related to each other shall be determined in the same manner as the question whether corporations are related to each other is determined under the Companies Act 1981.
2. Do not include in this statement particulars relating to loans and advances made at places of business outside Australia.
3. To be completed only for the months of June and December.
4. Separate copies of this statement are to be furnished to the Reserve Bank of Australia, Sydney and the Australian Bureau of Statistics, Canberra.
Image unavailable in extracted textCOMMENTS: Please provide any comments which you consider would assist in interpreting the information supplied in this statement.
Please nominate the officer to be contacted if any queries arise regarding this statement
(Name of officer) (Residential address of officer)
in the.................................................................................................do solemnly and sincerely declare:
(State or Territory) (Occupation)
1. that I am the..........................................................of.............................................................................
(Description of office) (Name of corporation)
2. that the Six Monthly Statement of Loans and Advances Outstanding dated......./......./......., and lodged herewith, has been prepared in accordance with the directions contained in that statement and is to the best of my knowledge and belief a true statement of the loans and advances outstanding of the corporation (s) in respect of which the statement is made as those loans and advances outstanding are shown in the books, accounts and records of the corporation(s).
And I make this solemn declaration by virtue of the Statutory Declarations Act 1959 and subject to the penalties provided by that Act for the making of false statements in statutory declarations conscientiously believing the statements contained in this declaration to be true in every particular.
(A Justice of the Peace or other person before whom a statutory declaration may be made under section 8 of the Statutory Declarations Act 1959)
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SCHEDULE—continued
AMOUNTS OF LOANS AND ADVANCES OUTSTANDING AT THE END OF PERIOD OTHER THAN LOANS AND ADVANCES TO RELATED CORPORATIONS (Special Direction 1)
$’000
(1) Loans and advances to customers:
(a) Loans and advances to finance own retail sales (Special Direction 2)
Class of loan or advance
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
(b) Other loans and advances to customers (Special Direction 3)
Class of loan or advance
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
…………………………………………………………………………………………
…………
(2) Total amount of loans and advances not included in sub-item (1)…………………
…………
SPECIAL DIRECTIONS
1. (1) Do not include—
(a) interest that has accrued but is not yet received;
(b) unearned income arising from the provision of finance; and
(c) amounts due on customers’ accounts (including the accounts of trade debtors) for the sale of goods or the provision of services where payment in full for the goods or services is required to be made within 3 months after the date on which the contract for their sale or provision is entered into.
(2) In calculating the amounts to be entered in this statement, no allowance for doubtful debts is to be made.
(3) For the purposes of completing this statement—
(a) an amount that would, but for this direction, be shown as an amount of less than $500, shall be disregarded;
(b) an amount that would, but for this direction, be shown as an odd multiple of $500, shall be shown to the next succeeding multiple of $1,000; and
(c) other amounts shall be shown to the nearest $1,000.
2. Make separate entries for each class of loan or advance.
3. (1) Make separate entries for each class of loan or advance.
(2) Include particulars of loans and advances made to customers in respect of the provision of services by the corporation.
NOTE
1. Notified in the Commonwealth of Australia Gazette on 25 May 1984.