Interpretation

16. In this reporting standard:

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

DMF has the meaning given by section 5 of the Financial Sector (Collection of Data) Act 2001;

due date means the relevant due date under paragraph 8 or, if applicable, paragraph 9;

DMF entity is a person or body that controls a DMF, and may include any of the following:

(a) a body corporate;

(b) a partnership;

(c) an unincorporated body;

(d) an individual;

(e) for a trust that has only one trustee – the trustee;

(f) for a trust that has more than one trustee – the trustees together;

officer in relation to a DMF entity means, where relevant:

(a) a director or secretary of the entity; or

(b) a person:

(i) who makes, or participates in making, decisions that affect the whole, or a substantial part, of the business of the entity; or

(ii) who has the capacity to affect significantly the entity’s financial standing;

reporting period means a reporting period mentioned in paragraph 6 or, if applicable, paragraph 7;

year of income means the financial year of the DMF.