Document ID: chunk:federal_register_of_legislation:F2023L01244:reg:6
Version: federal_register_of_legislation:F2023L01244
Segment Type: reg
Provision Reference: reg 6
Character Range: 4539–5788

6  Total resident assets value
 (1) An ADI's total resident assets value in a final report is determined in accordance with this section.
 (2) If the report is under Reporting Standard ARS 323.0, the total resident assets value is the amount reported in Section A, item 11 Total assets in Form ARF 323.0 in that Reporting Standard.
 (3) If the report is under Reporting Standard ARS 720.0 and Form ARF 720.0A in that Reporting Standard, the total resident assets value is worked out in accordance with the following method:

      Method Statement
           Step 1. Identify the amount reported in Section A, item 13 Total assets including intra‑group assets.
           Step 2. Subtract from the result of Step 1 the amount required to be reported in Section A, item 11.1 Total assets excluding intra‑group assets of which: Due from non‑residents.
           Step 3. Subtract from the result of Step 2 the amount required to be reported in Section A, item 12.1 Total intra‑group assets of which: Due from non‑residents.
 (4) If the report is under Reporting Standard ARS 720.0 and Form ARF 720.0B in that Reporting Standard, the total resident assets value is the amount reported in Section A, item 13 Total assets including intra‑group assets.