Document ID: chunk:federal_register_of_legislation:F2023L00722:front:0:p7
Version: federal_register_of_legislation:F2023L00722
Segment Type: other
Provision Reference: 
Character Range: 19211–23078

fund.
Property (direct)                     This is the value of property held by the fund, in accordance with the classification and measurement basis under the relevant Australian Accounting Standards.

R
Registered business name                          Registered business name is the name under which the business operates.
Regulatory capital requirement for related party  The amount of regulatory capital requirement where applicable, associated with the appropriate category selected from the nature of regulatory capital requirement for related party.
Related party type                                The related party types are:

                                                       * parent;
                                                       * subsidiary;
                                                       * associate;
                                                       * joint venture; and
                                                       * other related party.

S
Subsidiary  Means a subsidiary as defined in the Corporations Act 2001.

T
Total accumulated amortisation and impairment of intangible assets and goodwill - related party's own balance sheet  Means the amount of accumulated amortisation and impairment of intangible assets and goodwill on the balance sheet of the subsidiary, joint venture or associate. The amounts reported must be net of any associated tax effects if the assets involved become impaired or derecognised under Australian Accounting Standards.

Total assets - related party's own balance sheet                                                                     Means total assets of the subsidiary, joint venture or associate as reported on its own balance sheet.
Transaction amount                                                                                                   Means the value of transactions for the main transaction types conducted.

V
Value of investment net of goodwill and other intangibles  The value of investment net of goodwill and other intangibles is to be determined based on the following items on the reporting party's balance sheet in relation to the related party, being the sum of:
                                                                  * total investments accounted for using equity method; and
                                                                  * investments in subsidiaries, joint ventures and associates not accounted for using equity method
                                                           less:
                                                                 * total intangible assets and goodwill.

Specific Instructions

Table 1: Related Party Exposures - Investments in subsidiaries, joint ventures and associates and contributions to regulatory adjustments

Reporting basis
Report information related to each health benefits fund and the general fund of the private health insurer.

Reported exposures
All equity investments in subsidiaries, associates and joint ventures reported on the reporting party's balance sheet should be reported in Table 1.

The following columns must be reported regardless of whether the investment is subject to the regulatory adjustments relating to goodwill, intangibles and regulatory capital requirement:

      * Private health insurer fund type
      * Private health insurer fund name
      * Registered business name
      * Australian Company Number (ACN)
      * Australian Business Number (ABN)
      * Australian Registered Body Number (ARBN)
      * Related party type
      * Nature of business description
      * Country of incorporation
      * Ownership percentage of related party
      * Value of investment net of goodwill and other intangibles
      * Total assets - related party's own balance sheet
However, the following columns are not to be reported