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Financial Sector (Collection of Data) (reporting standard) determination No. 72 of 2023
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B
| Basis of preparation | Provide the basis by which outstanding claims liabilities (OCL) or PL have been reported. The options provided are:GPS 340 basis;AASB basis; orcombination of GPS 340 and AASB basis. |
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| Business type | The business type refers to either the direct business or reinsurance business written by the reporting Level 2 insurance group.The business types are:direct business; andreinsurance business. |