Document ID: chunk:federal_register_of_legislation:F2017L00436:body:0:p5
Version: federal_register_of_legislation:F2017L00436
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Character Range: 12452–15678

requirements

Part 1 - Commentary
     1. The statement required for paragraph 18 is Form T2 - Annual Schedule of DSTF assets (to be lodged within 4 months of the end of each calendar year) as set out in Part 2 of this Attachment.

     2. Dollar amounts are to be rounded to the nearest multiple of $1,000.  For example, $10,500 is to be rounded down to $10,000 and $10,501 is to be rounded up to $11,000.

     3. The statement is to be signed by a director of the trustee.

     4. An audit certificate in the form approved under paragraph 19 must be lodged within 4 months of the annual balance date.

Part 2 – Forms
FORM T2 (AUDITED)

Insurance Act 1973 -  LLOYD'S SECURITY TRUST FUND RULES
Form T2 (Audited)  ANNUAL SCHEDULE OF DSTF ASSETS

Name of designated security trust fund:

Report for year ended:                                                              (Signed and dated)..........................................................(Director)

                                                                                                                    Inside Australia
ASSETS                                                                                                              Related trusts & bodies corporate  Other  Total
                                                                                                                    (1)                                (2)    (3)
                                                                                                                    $'000                              $'000  $'000
A) CASH
B) DEBT SECURITIES
  Bills of exchange
  Promissory notes (commercial paper) issued by:
   - Commonwealth government bodies
   - Other government bodies
   - Non-bank financial intermediaries
   - Other
  Negotiable certificates of deposit (NCDs)
  Bonds, inscribed stock, debentures, medium-term notes and transferable certificates of deposit (TCDs) issued by:
   - Commonwealth government bodies
   - State and local government owned trading companies
   - Banks
   - Non-bank financial intermediaries
   - Other
  Foreign debt securities inside Australia
Sub-total
C) SHARES
  LISTED
   Private trading companies
   Banks
   Non-bank financial intermediaries
   Other
Sub-total

  UNLISTED
   Private trading companies
   Banks
   Life insurance companies
   Other
   Foreign shares inside Australia
Sub-total
D) OPTIONS
   Listed
   Unlisted
Sub-total
E) UNITS IN TRUSTS - LISTED
   Property
   Trading public unit trusts
   Other listed public units trusts
   Foreign units inside Australia
Sub-total
  UNITS IN TRUSTS - UNLISTED
   Cash management
   Property
   Trading public unit trusts
   Other
   Foreign units inside Australia
Sub-total
F) DEPOSITS
   Banks
   Non-bank financial intermediaries
   Fund managers
   Other
Sub-total
G) OTHER FINANCIAL INSTRUMENTS
H) OTHER INVESTMENTS
I) ALL OTHER ASSETS
TOTAL

[1] Note, in accordance with paragraph 13(1)(b) of the Legislation Act 2003, expressions used in these rules have the same meaning as in the Act.  In particular, 'covered', 'designated security trust fund', 'insurance liability', 'Lloyd's' and 'qualified corporation' have the same meaning as in the Act.