Document ID: chunk:federal_register_of_legislation:F2023L00641:body:0:p25
Version: federal_register_of_legislation:F2023L00641
Segment Type: other
Provision Reference: 
Character Range: 89368–92503

premiums receivable on unclosed business inside Australia amount.

 Item 1.4.2    Report the amounts receivable on reinsurance contracts held inside Australia amount.
               This item is to be reported as a positive number and is a deduction to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.4.3    Report the non-reinsurance recoveries receivable amount.
               This item is to be reported as a positive number and is a deduction to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.4.4    Report the other accounts receivable on insurance contracts issued amount.
               This item is to be reported as a positive number and is a deduction to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.4.5     Report the reversal of tax impact of receivables amount.

               This item is to be reported as a positive number and is an addition to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.5      Regulatory adjustments to adjusted net assets for accounts payables inside Australia is a derived item and is calculated as the sum of:
                    * items 1.5.1 to 1.5.3 inclusive
               less:
                    * item 1.5.4.
 Item 1.5.1    Report the claims payable inside Australia amount.
               This item is to be reported as a positive number and is an addition to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.5.2    Report the amounts payable on reinsurance contracts held inside Australia amount.
               This item is to be reported as a positive number and is an addition to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.5.3    Report the other accounts payable on insurance contracts issued inside Australia amount.
               This item is to be reported as a positive number and is an addition to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.5.4    Report the reversal of tax impact of payables inside Australia amount.
               This item is to be reported as a positive number and is a deduction to liabilities in Australia net of surplus / (deficit) relating to insurance liabilities.
 Item 1.6      Liabilities in Australia net of surplus / (deficit) relating to insurance liabilities is a derived item and is calculated as the sum of:
                    * item 1.2; and
                    * item 1.5
               less:
                    * item 1.3; and
                    * item 1.4.
 Item 1.7      Net assets in Australia (before deductions) is a derived item and is calculated as:
                    * item 1.1
               less:
                    * item 1.6.
 Item 1.8      Total deductions for assets specifically excluded from being considered inside Australia is a derived item and is calculated as the sum of:
                    * items 1.8.1 to 1.8.13 inclusive.
 Item 1.8.1    Report the cash flow