Document ID: chunk:federal_register_of_legislation:F2023L00717:body:0:p10
Version: federal_register_of_legislation:F2023L00717
Segment Type: other
Provision Reference: 
Character Range: 33070–39272

tax deduction on these expenses. The tax deduction is reported in L2.10.                                                                                                                                                                                                               * the expenses that are not directly attributable (reported in A4.3).
                                                                                                                                                                                                                                                                                                               Report gross of tax deduction on these expenses. The tax deduction is reported in A2.13.
            VSA decreases if a payable balance is recognised or cash is paid directly without recognising a payable balance.
                                                                                                                                                                                                                                                                                                               AASB 17 liabilities decrease if cash is paid. Note that a payable balance would be included in AASB 17 liabilities.
Item L2.6   Report reinsurance premiums outflow - impact on VSA.                                                                                                  Item A2.9                                                                                                                                    Report reinsurance premiums paid - impact on EFCF (non-PRP portion).

            This is (accrued) reinsurance premiums relating to reinsurance held in respect of participating business.                                                                                                                                                                                          This is reinsurance premiums paid relating to reinsurance held in respect of participating business.

            Report gross of tax deduction on reinsurance premiums. Tax deduction on reinsurance premiums is reported in L2.10.                                                                                                                                                                                 Report gross of tax deduction on reinsurance premiums. Tax deduction on reinsurance premiums is reported in A2.13.

            VSA decreases if a payable balance is recognised or cash is paid directly without recognising a payable balance.                                                                                                                                                                                   AASB 17 liabilities decrease if cash is paid. Note that a payable balance would be included in AASB 17 liabilities.
Item L2.7   Report reinsurance recoveries inflow - impact on VSA.                                                                                                 Item A2.10                                                                                                                                   Report reinsurance recoveries received - impact on EFCF (non-PRP portion).

            This is (accrued) reinsurance recoveries relating to reinsurance held in respect of participating business.                                                                                                                                                                                        This is reinsurance recoveries received relating to reinsurance held in respect of participating business.

            VSA increases if a receivable balance is recognised or cash is received directly without recognising a receivable balance.                                                                                                                                                                         AASB 17 liabilities increase if cash is received. Note that a receivable balance would be netted against the liability component.
Item L2.8   Report other outflow related to reinsurance - impact on VSA.                                                                                          Item A2.11                                                                                                                                   Report other cash outflow related to reinsurance - impact on EFCF (non-PRP portion).

            This is any other outflows relating to reinsurance held in respect of participating business.                                                                                                                                                                                                      This is any other cash outflows relating to reinsurance held in respect of participating business.

            VSA decreases if a payable balance is recognised or cash is paid directly without recognising a payable balance.                                                                                                                                                                                   AASB 17 liabilities decrease if cash is paid. Note that a payable balance would be included in AASB 17 liabilities.
Item L2.9   Report other inflow related to reinsurance - impact on VSA.                                                                                           Item A2.12                                                                                                                                   Report other cash inflow related to reinsurance - impact on EFCF (non-PRP portion).

            This is any other inflows relating to reinsurance held in respect of participating business. This includes accrued reinsurance commission.                                                                                                                                                         This is any other cash inflows relating to reinsurance held in respect of participating business. This includes reinsurance commissions received

            VSA increases if a