Document ID: chunk:federal_register_of_legislation:F2024L00434:body:0:p24
Version: federal_register_of_legislation:F2024L00434
Segment Type: other
Provision Reference: 
Character Range: 86223–90467

repo or reverse repo is denominated.

Centrally cleared                               Means principal-to-principal transactions novated by a central counterparty rather than settled on a bilateral basis.

Certificates of deposit                         Means a category of debt securities or deposits that are issued at a discount to face value.

                                                Includes negotiable certificates of deposit and non-negotiable certificates of deposit.

Cleaning services provided by other businesses  Refers to expenses that are incurred when the business' premises are cleaned by an external business.

                                                It includes:

                                                     * building cleaning;
                                                     * office cleaning;
                                                     * window cleaning;
                                                     * furniture cleaning; and
                                                     * removal of waste from inside to areas outside the office compounds.

                                                It excludes: wages and salaries of own employees engaged in cleaning activities.

Collateral                                      Means an asset provided by one party to be held by the counterparty in an agreement in order to provide cover against credit risk exposure taken in respect of the party providing collateral.

Collective provision                            Means all provisions for impairment assessed by an ADI or RFC on a collective basis as defined by the Australian Accounting Standards.

Commercial paper                                Means a written promise to pay a specified sum of money to the bearer at an agreed date. It is usually issued for terms ranging from 30 to 180 days and is sold to an investor at a discount to the face value.

                                                Commercial paper is also referred to as promissory notes or one name paper, and is a type of short-term debt security.

                                                It includes: promissory notes, one name paper, and asset-backed commercial paper.

                                                It excludes: floating-rate notes and similar long-term debt securities with a short-term interest rate.

Commercial property (loan/lending)              Refers to loans representing commercial property exposures as outlined in Reporting Standard ARS 230.0 Commercial Property (ARS 230.0).

                                                Generally speaking, commercial property loans involve the provision of a facility for the development, acquisition or improvement of landed property (real estate) where the servicing and repayment of the facility is dependent on the cash flows generated by the property itself through sale or rental income, and/or from cash flows generated from other properties owned by the borrower and where the loan is not to households.

                                                It includes: land development and subdivisions.

                                                It excludes:

                                                     * owner-occupied housing loans to households;
                                                     * investment housing loans to households;
                                                     * loans to private family companies and/or family trusts for residential property, where the residential property is occupied by the directors or principal beneficiaries of the family trust; and
                                                     * facilities provided for the acquisition of property to be used for generating income primarily other than through rent or sale.

                                                For more detailed definitions see ARS 230.0.

Commingled pool                                 Means a fund consisting of a diverse set of assets.

Communications equipment                        It includes:

                                                       * telecommunications equipment;
                                                       * main exchange and