InterpretationInterpretation

Interpretation

16. In this Reporting Standard:

AASB has the meaning given in section 9 of the Corporations Act 2001.

ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

due date means the last day of the 28 calendar days provided for in paragraph 8 or, if applicable, the date on a notice of extension given under paragraph 10 of this Reporting Standard.

Level 1 has the meaning given in Prudential Standard APS 001 Definitions.

locally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.

provider of purchased payment facilities means an ADI that is subject to a condition on its authority under section 9 of the Banking Act 1959 confining the banking business that the ADI is authorised to carry on to providing purchased payment facilities.

reporting period means a financial year as provided for in paragraph 7 or, if applicable, the period specified in a notice given under paragraph 9 of this Reporting Standard.

17. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard or Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.

18. Where this Reporting Standard provides for APRA to exercise a power or discretion, the power or discretion is to be exercised in writing.