Reporting Standard RRS 394.0 Personal FiReporting Standard RRS 394.0 Personal Finance

Reporting Standard RRS 394.0 Personal Finance

Financial Sector (Collection of Data) Act 2001

I, Steve Davies, a delegate of APRA, under paragraph 13(1) (a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:

(a) REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 60 of 2006, including Reporting Standard RRS 394.0 Personal Finance made under that Determination; and

(b) DETERMINE Reporting Standard RRS 394.0 Personal Finance, in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 2 of the reporting standard.

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, upon the date of registration of this instrument on the Federal Register of Legislation.

This instrument commences upon registration on the Federal Register of Legislation.

Dated: 23 September 2016

[Signed]

Steve Davies

General Manager

Supervisory Support Division

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.

financial sector entity has the meaning given by section 5 of the Act.