Document ID: chunk:federal_register_of_legislation:F2013L00969:body:0:p5
Version: federal_register_of_legislation:F2013L00969
Segment Type: other
Provision Reference: 
Character Range: 11458–14422

amount currently loaned out in the securities lending program in column 3.

                            Report the amount of collateral in column 4.

                            Report the type of collateral in column 5 used. Types of collateral are: cash, security, other and multiple. If more than one type of collateral is used, report 'multiple' in column 5.

                            If a securities lending program is contracted with the intermediary institution but there is no current amount loaned out, report column 1, column 2 and column 5; leave column 3 and column 4 blank.

Securities lending program  Represents an arrangement that involves the transfer of legal ownership of securities between the original holder and 'borrower', including the right for the 'borrower' to on-sell the securities.

Collateral                  Represents assets that are offered to secure a borrowing.

Cash                        Represents cash on hand and demand deposits, as well as cash equivalents. Cash equivalents represent short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. Reference: Australian Accounting Standards.

Security                    Represents a financial instrument that represents an ownership in a corporation or a creditor relationship with a borrower.

Interpretation

For the purposes of these instructions:

     * defined benefit RSE means an RSE that is a defined benefit fund within the meaning given in Prudential Standard SPS 160 Defined Benefit Matters;

     * eligible rollover fund (ERF) has the meaning given in section 10(1) of the SIS Act and, in relation to the period between 1 July 2013 and 31 December 2013, includes an existing ERF within the meaning given in section 391 of the SIS Act;

     * pooled superannuation trust (PST) has the meaning given in section 10(1) of the SIS Act;

     * RSE means a registrable superannuation entity as defined in section 10(1) of the SIS Act that is not a defined benefit RSE, PST, ERF, small APRA fund or single member approved deposit fund[5];

     * RSE licensee has the meaning given in section 10(1) of the SIS Act;

     * SIS Act means Superannuation Industry (Supervision) Act 1993; and

     * SIS Regulations means Superannuation Industry (Supervision) Regulations 1994.

    [1]  For the purposes of this Reporting Standard, an 'RSE licensee's business operations' includes all activities as an RSE licensee (including the activities of each RSE of which it is the licensee), and all other activities of the RSE licensee to the extent that they are relevant to, or may impact on, its activities as an RSE licensee. For the avoidance of doubt, if the RSE licensee is trustee of more than one RSE, defined benefit RSE, PST or ERF, the RSE licensee must separately provide the information required by the form for each RSE, defined benefit RSE, PST