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Financial Sector (Collection of Data) determination No. 73 of 2005 - Reporting Standard ARS 220.5 (2005) - Movements in Provisions for Impairment
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 73 of 2005 - Reporting Standard ARS 220.5 (2005) - Movements in Provisions for Impairment.
The Movements in Provisions for Impairment form is to be completed by all locally incorporated ADIs (including Specialist Credit Card Institutions (SCCIs)) on both a Licensed ADI and Consolidated ADI Group basis (where applicable).
Foreign ADIs and Specialist Credit Card Institutions (SCCIs) operating through branches in Australia are required to complete this form for the Australian branch only.