CTHIn ForceLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 125 of 2023
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Financial Sector (Collection of Data) (reporting standard) determination No. 125 of 2023
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 125 of 2023.
Tables in these instructions list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.
Any specific combination of values in the table must not appear on more than one row in that table when reported.
APRA class of business
APRA classes of business that apply for the purpose of this Reporting Standard are:
Australia – Ordinary Business
Australia – Superannuation Business
Overseas – All Business
The expressions ‘Australian Business’ and ‘Overseas Business’ refer to the territories where the life insurance business is carried on.
The expressions ‘Ordinary Business’ and ‘Superannuation Business’ are defined in the Life Act.