Document ID: chunk:federal_register_of_legislation:F2024L00653:body:0:p1
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Financial Sector (Collection of Data) (reporting standard) determination No. 10 of 2024

Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections

Financial Sector (Collection of Data) Act 2001

I, Andrew Robertson, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:

    (a)          revoke Financial Sector (Collection of Data) (reporting standard) determination No. 39 of 2023, including Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections made under that Determination; and

    (b)          determine Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 2 of the reporting standard.

Under section 15 of the Act, I declare that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, at the start of the day after the day it is registered on the Federal Register of Legislation.

This instrument commences at the start of the day after the day the instrument is registered on the Federal Register of Legislation..

Dated: 5 June 2024

Andrew Robertson
General Manager - Chief Data Officer
Technology and Data Division

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.

Federal Register of Legislation means the register established under section 15A of the Legislation Act 2003.

    financial sector entity has the meaning given by section 5 of the Act.

Schedule

Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections comprises the document commencing on the following page.

Reporting Standard SRS 101.0

Definitions for Superannuation Data Collections

Objective of this Reporting Standard

This Reporting Standard defines key terms referred to in the Reporting Standards specified in paragraph 2 that are applicable to registrable superannuation entity licensees (RSE licensees). All Reporting Standards specified in paragraph 2 must be read in conjunction with this Reporting Standard.

Authority

     1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Application and commencement

    2.             This Reporting Standard applies in relation to all entities which submit data to APRA under the following reporting standards:

          * Reporting Standard SRS 605.0 RSE Structure
          * Reporting Standard SRS 606.0 RSE Profile
          * Reporting Standard SRS 611.0 Member Accounts
          * Reporting Standard SRS 705.0 Components of Net Return
          * Reporting Standard SRS 705.1 Investment Performance and Objectives
          * Reporting Standard SRS 706.0 Fees and Costs
          * Reporting Standard SRS 251.0 Insurance
          * Reporting Standard SRS 332.0 Expenses
          * Reporting Standard SRS 550.0 Asset Allocation

    3.             Unless the contrary intention appears, definitions in this Reporting Standard apply to all the reporting standards listed in