Document ID: chunk:federal_register_of_legislation:F2017L01315:body:0:p1
Version: federal_register_of_legislation:F2017L01315
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Financial Sector (Collection of Data) (reporting standard) determination No. 18 of 2017

Reporting Standard ARS 750.0 DAWR Agricultural Lending

Financial Sector (Collection of Data) Act 2001

I, Katrina Ellis, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) DETERMINE Reporting Standard ARS 750.0 DAWR Agricultural Lending, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 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 upon the date of registration of this instrument on the Federal Register of Legislation.

This instrument commences upon registration on the Federal Register of Legislation.

Dated:     29 September 2017

[Signed]

Katrina Ellis
General Manager
Data Analytics 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 in section 5 of the Act.
Schedule

Reporting Standard ARS 750.0 DAWR Agricultural Lending comprises the 14 pages commencing on the following page.

Reporting Standard ARS 750.0

DAWR Agricultural Lending

Objective of this Reporting Standard

This Reporting Standard outlines the requirements for the provision of information to the Australian Prudential Regulation Authority relating to an authorised deposit-taking institution's or registered financial corporation's lending and leasing for agricultural activity, and the extent to which those loans and leases are past due or in distress.

It includes Reporting Form ARF 750.0 DAWR Agricultural Lending and the associated specific instructions.

Authority

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

Purpose

    2.             Information collected on Reporting Form ARF 750.0 DAWR Agricultural Lending (ARF 750.0) is used by the Department of Agriculture and Water Resources (DAWR) for policy-making purposes. The information may also be used by the Australian Prudential Regulation Authority (APRA), the Australian Bureau of Statistics or the Reserve Bank of Australia.

Application and commencement

    3.             This Reporting Standard applies to:

       * all authorised deposit-taking institutions (ADIs) other than purchased payment facility providers (PPF providers); and

       * a registered financial corporation (RFC) that meets the requirements of paragraph 6.

    4.             This Reporting Standard applies for reporting periods ending on or after 30 June 2017.

Information required

    5.             An ADI or RFC must provide APRA with the information required by ARF 750.0 on a domestic books basis for each reporting period.

    6.             Subject to paragraph 7, an RFC must provide APRA with the information required by ARF 750.0 in respect of a reporting period if, at the end of the most recent complete