Document ID: chunk:federal_register_of_legislation:F2023L00264:body:0:p4
Version: federal_register_of_legislation:F2023L00264
Segment Type: other
Provision Reference: 
Character Range: 8462–13169

fund / general fund

Section 1: Investments in subsidiaries, joint ventures and associates and contributions to regulatory adjustments

Name   ACN / ABN  Category  Description / nature of business  Country of incorporation  Total assets  Value of investment net of goodwill and other intangibles  Ownership percentage (%)  Goodwill  Other intangibles  Adjustment for goodwill / other intangibles  Nature of regulatory capital requirement                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Regulatory capital requirement  Adjustment for regulatory capital requirement
(1)    (2)        (3)       (4)                               (5)                       (6)           (7)                                                        (8)                       (9)       (10)               (11)                                         (12)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       (13)                            (14)

Total

Section 2: Other related party exposures

Name   ACN / ABN  Category  Type of exposure  Fair value of exposure
(1)    (2)        (3)       (4)               (5)

Total

LRF_112_3 Related Party Exposures

These instructions must be read in conjunction with the general instruction guide.

Explanatory notes

Reported exposures

All equity investments in subsidiaries, associates and joint ventures should be reported in Section 1, Columns 1 to 8, regardless of whether the investment is subject to the regulatory adjustments relating to goodwill, intangibles and regulatory capital requirements.

Columns 9 to 14 do not apply to investments in a subsidiary, joint venture or associate that:

    * is operationally independent;

    * represents a genuine arm's-length investment;

    * is not subject to regulatory capital requirements; and

    * does not undertake life insurance business or business related to insurance business.

Any other related party exposures (both on and off-balance sheet) are to be reported in Section 2.

Exposures to the same related party across multiple types of exposures should be reported on separate lines.

Joint operations

For the purposes of this form, a joint operation as defined under Australian Accounting Standard AASB 11 Joint Arrangements (AASB 11) is to be treated as a joint venture.

Instructions for specific items

Section 1: Investments in subsidiaries, joint ventures and associates and contributions to regulatory adjustments

  1(1).        Name

This column reports the registered business name of the subsidiary, joint venture or associate of the life company.

  1(2).        ACN / ABN

Where relevant, this column reports the Australian Company Number (ACN) of the reported subsidiary, associate or joint venture.  In cases where an entity doesn't have an ACN but it does have an Australian Business Number (ABN) or an Australian Registered Body Number (ARBN), the ABN or ARBN should be reported.

If an entity does not have an ACN, ABN, or ARBN the column should be left blank.

Input the number without spaces.

  1(3).        Category

This column reports the appropriate category of the related entity i.e. whether it is a subsidiary, joint venture or associate.

  1(4).        Description / nature of business

This column provides a brief description of the main business conducted by the subsidiary, joint venture or associate.

  1(5).        Country of incorporation

This column reports the country in which the