CTHRepealedLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 16 of 2016 - Reporting Standard GRS 800.1 - Policy Data: Public and Product Liability and Professional Indemnity Insurance
Past reporting periodsPast reporting periods
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 16 of 2016 - Reporting Standard GRS 800.1 - Policy Data: Public and Product Liability and Professional Indemnity Insurance.
Past reporting periods
- A general insurer must provide APRA with reports in respect of a past reporting period under the old reporting standard, notwithstanding that it was repealed on 8 August 2013. For these purposes:
old reporting standard means the reporting standard Reporting standard GRS 800.1 (2005) made by Financial Sector (Collection of Data) determination No. 30 of 2005;
past reporting period means a reporting period ending on a date between 1 June 2013 and 1 June 2016.
- A general insurer must provide reports to APRA under paragraph 14 of this reporting standard by 1 September 2016. For the avoidance of doubt, where a general insurer has provided a report to APRA prior to 1 September 2016 in relation to a past reporting period, the general insurer has complied with paragraph 14.