13ACopy of reporting standard to be given to financial sector entities and the Minister etc.

13A Copy of reporting standard to be given to financial sector entities and the Minister etc.

(1) If a reporting standard determined under subsection 13(1) is not a legislative instrument, APRA must, as soon as practicable after the reporting standard is determined, give a copy of the standard to: (a) each financial sector entity that is required to comply with the standard; and (b) the Minister. (2) At the same time that a copy of the reporting standard is given to a financial sector entity under subsection (1), APRA must give the financial sector entity a written statement that explains the effect of section 13B.