Document ID: chunk:federal_register_of_legislation:F2015L00815:body:0:p8
Version: federal_register_of_legislation:F2015L00815
Segment Type: other
Provision Reference: 
Character Range: 21868–24805

the service provided is a material business activity, report 'yes' in column 3; otherwise, report 'no'.

                            For item 2.1 and item 2.2, if the service provided involves any offshoring, report 'yes' in column 4; otherwise, report 'no'.

                            For item 2.1 and item 2.2, where a new service provider is appointed during the reporting period, report 'new service provider' and where there is no longer an agreement with an existing service provider at the end of the reporting period, report 'no longer a service provider' in column 5. Report 'existing' if an existing service provider has not otherwise changed during the reporting period.

                            For item 2.1 and item 2.2, report the name of the service provider in column 6 and ABN of the service provider in column 7. For item 2.1 and item 2.2, report the expense of the service performed during the reporting period in column 8. Where an explicit breakdown of expense is not available, report the expense apportioned by role type on a basis that the RSE licensee considers reasonable.

                            For item 2.1 and item 2.2, where one service provider performs a particular role, report '100' in column 9. Where more than one service provider performs the same role, report the portion of business activity undertaken by each service provider in column 9. Where 'no longer a service provider' in column 5, report '0' in column 9. Where the portion of business activity is less than 1 per cent, report this figure to one decimal place.

                            Example: if the services of two custodians are used, one responsible for 90 per cent of the custodial activities and the other responsible for 10 per cent of the custodial activities, report each custodian on a separate line and report the portion of business activity as '90' and '10' respectively on the relevant line.

                            For item 2.1 and item 2.2, report the date of last review of the service provider in column 10.

Associate provider          Represents where a business function is undertaken by an external service provider, rather than by the RSE licensee and its employees, and the service provider is an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing.

Non associate provider      Represents where a business function is undertaken by an external service provider, rather than by the RSE licensee and its employees, and the service provider is not an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing.

Material business activity  Represents where the service is a material business activity within the meaning given in Prudential Standard SPS 231 Outsourcing.

Offshoring                  Represents where the service is offshoring within the meaning given in Prudential Standard SPS 231 Outsourcing.