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Section 5 - Securities Industry Regulations - Secured Liabilities—general | Zoe
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Explain section 5 Secured Liabilities—general
The balance sheet includes liabilities in the following categories secured by assets (state in each case the nature and extent of the security, the market value, and whether or not the security asset is owned by the dealer or, where he carries on business in partnership, by the firm).
(a) Current liabilities—
Amount Nature and extent of security Market value of security disclosed in Balance Sheet Market value of security not owned by dealer or firm Bank overdraft and other bank facilities Loans/Deposits ............. Other (specify) .............
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><tbody><tr style="height:11.05pt"><td colspan="3" style="width:482.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="text-indent:20.5pt"><span>(b) Non-current liabilities—</span></p></td></tr><tr style="height:9.1pt"><td colspan="3" style="width:482.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:47.5pt; text-indent:-1.8pt"><span>Bank facilities (not overdraft)</span><span style="width:25.35pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">...</span></p></td></tr><tr style="height:9.85pt"><td colspan="3" style="width:482.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:47.5pt; text-indent:-1.8pt"><span>Loans/Deposits</span><span> </span><span style="width:87.64pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">............</span></p></td></tr><tr style="height:10.3pt"><td colspan="3" style="width:482.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:47.5pt; text-indent:-1.8pt"><span>Other (specify)</span><span> </span><span style="width:89.33pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">............</span></p></td></tr><tr style="height:23.3pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p><span>6 </span><span style="font-style:italic">Sundry Provisions</span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:middle"><p style="text-align:center"><span style="font-style:italic">Last year</span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:middle"><p style="text-align:center"><span style="font-style:italic">This year</span></p></td></tr><tr style="height:7.45pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="text-indent:20.5pt"><span>Holiday pay </span><span style="width:244.01pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">.................................</span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:9.6pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="text-indent:20.5pt"><span>Long service leave pay </span><span style="width:192.05pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">..........................</span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:31.4pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:92.5pt; text-indent:-72pt"><span>Other (specify).</span><span style="width:230.03pt; text-indent:0pt; font-family:'Lucida Console', monospace; display:inline-block">...............................</span><span style="width:33.5pt; text-indent:0pt; display:inline-block"></span><span style="width:36pt; text-indent:0pt; display:inline-block"></span></p></td><td style="width:74.75pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:7.2pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:92.5pt; text-indent:-54pt"><span></span></p></td><td style="width:74.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:5.95pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:bottom"><p style="margin-left:92.5pt; text-indent:-54pt"><span>Totals to agree with balance sheet totals.</span></p></td><td style="width:74.75pt; border-top:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; border-top:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:19.45pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span>7 </span><span style="font-style:italic">Contingent liabilities and capital commitments</span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:middle"><p style="text-align:center"><span style="font-style:italic">Last year</span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:middle"><p style="text-align:center"><span style="font-style:italic">This year</span></p></td></tr><tr style="height:9.85pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-indent:20.5pt"><span>Contingent liabilities—</span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:9.85pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-indent:29.5pt; text-align:justify"><span>(a) Underwriting</span><span></span></p></td><td style="width:74.75pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:10.3pt"><td style="width:329.15pt; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-indent:29.5pt; text-align:justify"><span>Sub-underwriting</span><span></span></p></td><td style="width:74.75pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td><td style="width:70.25pt; border-bottom:0.75pt solid #000000; padding-right:2pt; padding-left:2pt; vertical-align:top"><p style="text-align:justify"><span></span></p></td></tr><tr style="height:12.5pt"><td style="width:322.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p style="text-indent:22.5pt; text-align:justify"><span style="font-style:italic">less </span><span>amounts covered by sub-underwriting with other persons</span></p></td><td colspan="2" style="width:142.2pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.4pt; vertical-align:top"><p style="text-align:justify"><span style="font-style:italic"></span></p></td></tr><tr style="height:16.35pt"><td style="width:322.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p style="text-indent:22.5pt; text-align:justify"><span>(b) Other (specify)—</span></p></td><td colspan="2" style="width:142.2pt; border-top:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p style="text-align:justify"><span style="font-style:italic"></span></p></td></tr><tr style="height:10.5pt"><td style="width:322.35pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p style="text-indent:22.5pt; text-align:justify"><span>Capital commitments (specify)—</span></p></td><td colspan="2" style="width:142.2pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p style="text-align:justify"><span style="font-style:italic"></span></p></td></tr></tbody></table>
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Previous section 4 Loans and deposits (full details to be given relating to whether each loan is secured or unsecured)
Next section 1 The attached Balance Sheet, Profit and Loss Account and Notes are a true copy of the audited accounts of
The transactions conducted by *me/*us during the financial year—
*were without exception on *my/*our own account.
*included transactions on account of persons other than *me/*us.
The assets and liabilities of each company controlled by me/us or any one or more of us or any other venture in which I/we have a financial interest are/are not in my/our opinion such as to affect adversely my/our financial position. (1)
*I/*We certify that the above profit and loss account and balance sheet have, to the best of *my/*our knowledge and belief, been drawn up to comply with the requirements of sub-section 78 (2) of the Securities Industry Act 1980
*Licensee/*Partners in the firm of ……………………………………………………………..
Dated this…………………….day of…………………………..19………..
In *my/*our opinion, the dealer's accounts referred to above *show/*do not show a true and fair view of the dealer's position at ………………….and of the profit or loss of the dealer for the year in accordance with statements of accounting standards issued by the Institute of Chartered Accountants in Australia or the Australian Society of Accountants, or both.
Dated this……………………………..day …………………………………… 19……….
Signature(s) of Auditor(s)
(1) Strike out all the alternatives in paragraph which are inapplicable
(3) If an auditor is not satisfied as to any matter his reasons should be stated
* Strike out whichever alternative is inapplicable
STATEMENT RELATING TO ACCOUNTS OF A DEALER THAT IS A CORPORATION
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