Document ID: chunk:federal_register_of_legislation:F2015L00815:body:0:p9
Version: federal_register_of_legislation:F2015L00815
Segment Type: other
Provision Reference: 
Character Range: 24493–27591

Outsourcing.

Material business activity  Represents where the service is a material business activity within the meaning given in Prudential Standard SPS 231 Outsourcing.

Offshoring                  Represents where the service is offshoring within the meaning given in Prudential Standard SPS 231 Outsourcing.

ABN                         Represents an unique public identifier issued to an entity registered in the Australian Business Register to be used in dealings with government.  A company registered under the Corporations Act 2001 or a business entity carrying on an enterprise in Australia is entitled to an ABN.

Date of last review         Represents the date on which the RSE licensee most recently reviewed the arrangement with the provider of the services regardless of whether or not a full tender process has occurred. Includes, but is not limited to: the date of engagement of the service provider, or the most recent date of review and recommitment to continuing use of the service provider.

Transactions with associates

Item 3 and item 4 collect income and expense transactions with associates of the RSE licensee. Transactions may be aggregated in item 3 and item 4 only where they occurred during the same reporting period, and where the counterparty, relationship, and the other characteristics of the transactions are the same.

Report each transaction with associates as a separate line in item 3 and item 4.

Reporting basis: report column 4 with respect to transactions that occurred during the reporting period.

Unit of measurement: report column 4 as thousands of dollars.

Income transactions with associates

Item 3 collects income transactions with associates by type of relationship and type of income.

Item 3                                    Report all income that is either other investment income or operating income of the RSE which relates to an associate transaction in item 3. Do not include income that is reported on Reporting Form SRF 330.0 Statement of Financial Performance under the categories investment income, unrealised gains/losses, realised gains/losses, total gains/losses, physical foreign exchange gains/losses or derivative foreign exchange gains/losses in item 3.

                                          Report the income transaction by relationship type in item 3.1. Report the type of relationship with the associate in column 1. The types of relationship are: RSE licensee, connected entity, joint venture, parent entity, director, employee or contractor or consultant, director of associate, associate of director (associate of RSE licensee) or associate of director (non associate of RSE licensee). If the type of relationship is not listed in item 3.1 column 1, report the income transaction in item 3.2. Report the description of the type of relationship with the associate in item 3.2 column 1.

                                          For item 3.1 and item 3.2, report the name of the associate in column 2 and ABN of the associate in column 3.

                                          For item 3.1 and item