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Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2017

Approval of ADIs' applications to the RBA's Committed Liquidity Facility - Calendar Year 2016

Australian Prudential Regulation Authority Act 1998

I, Stephen Brian Matthews, a delegate of APRA, under paragraph 51(1)(a) and (b) of the Australian Prudential Regulation Authority Act 1998 FIX the charges specified in the attached Schedule of charges in respect of the specified services provided by, and applications made to, APRA.

This instrument commences on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.

Dated: 22 June 2017

[Signed]

Stephen Brian Matthews
Executive General Manager (Corporate)

Interpretation

In this instrument

ADI is short for authorised deposit-taking institution and has the meaning given in section 5 of the Banking Act 1959.
APRA means the Australian Prudential Regulation Authority.
RBA means the Reserve Bank of Australia

Schedule of charges

Column 1                                                                                                                                                                                                                                                                                                 Column 2                                                                                                     Column 3                                                                                                      Column 4

Nature of services and applications for which the charge is imposed                                                                                                                                                                                                                                      Amount of the charge[1] [2] [3]                                                                              Person required to pay the charge                                                                             When the charge is to be paid

Review of applications made to APRA under Attachment A, paragraph 16 of Prudential Standard APS 210 – Liquidity made under subsection 11AF(1) of the Banking Act 1959 and assessment and determination of appropriate size of Committed Liquidity Facility (CLF) sought by ADIs and offered by the RBA.  $11,000                                                                                                         * Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 10.   14 days after receipt of APRA's invoice for the charge.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    The invoice may be issued at any time after the date of this instrument.

$16,500                                                                                                                                                                                                                                                                                                     * Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 15.
$33,000                                                                                                                                                                                                                                                                                                     * Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 30.
$88,000                                                                                                                                                                                                                                                                                                     * Payable by ADIs where the number of APRA days assessing CLF access applications is estimated to be 80.

[1] Inclusive of GST.
[2] Charge per entity.
[3] Non-refundable and payable whether or not the ADI obtains approval.