Document ID: chunk:federal_register_of_legislation:F2021L00347:front:0:p3
Version: federal_register_of_legislation:F2021L00347
Segment Type: other
Provision Reference: 
Character Range: 5811–8930

using the method in paragraph 10 (i.e. via the website), Lloyd's must apply for a password by viewing the web page referred to in paragraph 10, quoting Lloyd's customer identification number and following the instructions for applying for a password on that page.  Fujitsu Australia will advise Lloyd's General Representative in Australia of the password for Lloyd's.  When information is provided using the method in paragraph 10, Lloyd's will be required to quote its customer identification number and password.  Upon successful validation of the customer identification and password a secure session between Lloyd's and Fujitsu Australia will be created and information will be encrypted before transmission.

    13.         Despite paragraph 12, or where APRA has under paragraph 10 notified an alternate method of submission, APRA may also determine in writing that:

       (a)          a specified person (who need not be Lloyd's General Representative in Australia or agent);

       (b)          a person holding a specified position (who need not be Lloyd's General Representative in Australia or agent); or

       (c)          a person authorised by Lloyd's to use Lloyd's customer identification number and password,

    may, or must, authorise (in a manner specified) information provided by Lloyd's under this Reporting Standard.

Minor alterations to forms and instructions

    14.         APRA may:

       (a)          make minor variations to LOLRF 800.2 (either generally, or in relation to a class of Lloyd's underwriters, or in relation to one or more named Lloyd's underwriters) to correct technical, programming or logical errors, inconsistencies or anomalies;

       (b)          vary, omit or substitute (either generally, or in relation to a class of Lloyd's underwriters, or in relation to one or more named Lloyd's underwriters) an occupation code or description in Appendix C to LOLRF 800.2, if APRA forms the view that the existing code or description is inappropriate having regard to the circumstances or business of Lloyd's and any other relevant considerations; or

       (c)          vary, omit or substitute (either generally, or in relation to a class of Lloyd's underwriters, or in relation to one or more named Lloyd's underwriters) a specification in a Table in LOLRF 800.2, if APRA forms the view that the specification is inappropriate having regard to the circumstances or business of Lloyd's underwriters and any other relevant considerations.

    15.         If APRA makes such a variation it must notify Lloyd's in writing.

Transition

    16.         An insurer must report under the old reporting standard in respect of a transitional reporting period. For these purposes:

    old reporting standard means the reporting standard revoked by the determination that makes this Reporting Standard (being the reporting standard  that this Reporting Standard replaces); and

    transitional reporting period means a reporting period under the old reporting standard:

       (a)   that ended before the date of revocation of the old reporting standard;