Financial Sector (Collection of Data) (reporting standard) determination No. 37 of 2007 - DRS 310.1 - Gross Earned Contribution Revenue & Insurance Expense
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Minor alterations to form and instructions
- APRA may make minor variations to:
(a) a form that is part of this reporting standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or
(b) the instructions to a form, to clarify their application to the form
without changing any substantive requirement in the form or instructions.
- If APRA makes such a variation it must notify in writing each DMF entity that is required to report under this reporting standard.
Interpretation
- 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.