1Financial Sector (Collection of Data) determination No. 40 of 2005

Image unavailable in extracted text

Financial Sector (Collection of Data) determination No. 40 of 2005

Reporting standards ARS 320.1, ARS 322.0 and ARS 323.0

Financial Sector (Collection of Data) Act 2001

I, Charles Watts Littrell, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (‘the Act’) and subsection 33(3) of the Acts Interpretation Act 1901 REVOKE the reporting standards set out in the Schedule, which have applied to ADIs as defined in the Banking Act 1959.

Under section 15 of the Act, I DECLARE that a reporting standard set out in the Schedule shall cease to apply to ADIs on the day that a corresponding reporting standard begins to apply to ADIs (without prejudice to any accrued obligation that may have arisen in respect of a reporting period ending before 30 June 2005).

Dated 21 June 2005

[signed]

……………………............

Charles Littrell

Executive General Manager

Policy, Research and Statistics Division

APRA

Interpretation

In this Notice

APRA means the Australian Prudential Regulation Authority.

corresponding reporting standard, in relation to a reporting standard set out in the Schedule, means the reporting standard made on the date of this determination that has the same series number as the reporting standard mentioned in the Schedule (e.g. reporting standard ARS 320.0 (2005) is the corresponding reporting standard in relation to reporting standard ARS 320.0 (2003)).

Schedule

• Reporting Standard ARS 320.0 (2003) Statement of Financial Position (Domestic Books)

• Reporting Standard ARS 322.0 Statement of Financial Position (Consolidated)

• Reporting Standard ARS 323.0 Statement of Financial Position (Licensed ADI)