Document ID: chunk:federal_register_of_legislation:F2019L00828:body:0:p12
Version: federal_register_of_legislation:F2019L00828
Segment Type: other
Provision Reference: 
Character Range: 32427–35726

and defence force housing schemes); and
     * public universities.
Exclude:
     * government trading enterprises such as Australia Post (record as Trading enterprises owned by the Commonwealth Government); and
     * departments of the ACT and Northern Territory Governments (record as State, Territory and local general government); and
     * Reserve Bank of Australia (RBA) and Commonwealth Government financial institutions such as Export Finance and Insurance Corporation (EFIC) (record as financial institutions as appropriate).

State, Territory and local general government
State, Territory and local general government provide non-market goods and services principally financed by taxes to regulate economic activity, maintain law and order and to redistribute income and wealth by means of transfers and hence provided free of charge or at nominal prices well below the cost of production.
Include:
     * State and local government unincorporated enterprises which provide goods and services to their government and/or to the public for free or at prices that are not economically significant (e.g. government employee cafeterias, municipal swimming pools);
     * non-profit institutions controlled and mainly financed by State and local government;
     * State government quasi-corporations which sell their output, at near market prices, exclusively to other government units (e.g. government printers);
     * ACT and Northern Territory Government departments and agencies; and
     * state schools, technical and further education colleges and state owned hospitals.
Exclude:
     * all State and local government trading enterprises and financial enterprises (e.g. rail, and municipal water authorities); and
     * State and Territory central borrowing authorities.

Financial corporations

RBA
The RBA is a public financial corporation and has responsibility for monetary policy, issuing banknotes, holding Australia's international reserves and providing banking services to the Commonwealth.

Other central bank institutions
This sub-sector includes APRA.

Depository corporations

ADIs
ADIs refers to corporations, in relation to which an authority under subsection 9(3) of the Banking Act 1959 is in force.
Include:
     * development banks; and
     * foreign banks licensed to operate in Australia under the Banking Act 1959.
Exclude:
     * merchant banks (record as non-bank financial intermediaries); and
     * non-resident banks (report as non-resident counterparties).

Registered Financial Corporations (RFCs)
RFCs refers to corporations registered under the Financial Sector (Collection of Data) Act 2001 that are classified as Categories D and Other and cash management trusts.
Include:
     * money market corporations (also referred to as 'merchant banks') (D);
     * pastoral finance companies, finance companies and general financiers (other); and
     * cash management trusts.
A list of corporations registered under the Financial Sector (Collection of Data) Act 2001 and their classification are available on request.
Exclude:
     * intra group financiers registered under the Financial Sector (Collection of Data) Act 2001 Category I (record as private trading corporations).

Life insurance
Life insurance companies must be registered with APRA.  They