Document ID: chunk:federal_register_of_legislation:F2025L00272:clause:1_30:p2
Version: federal_register_of_legislation:F2025L00272
Segment Type: clause
Provision Reference: sch 1 cl 30 (pt 2/3)
Character Range: 39587–42378

leases reported to the Australian Prudential Regulation Authority under the applicable standards by the lender and each of its associated non-bank lenders during the 12 months before the relevant day, averaged over that period; and
 (b) the lender has more than 1,000 customers on that day.
 (4) A relevant non-bank lender also meets the large provider qualification on a day that is, or is after, the commencement day, if the lender is an accredited person on that day.
 (5) However, a relevant non-bank lender to whom subclause (4) applies is taken, for the purposes of that subclause, to cease to meet the large provider qualification on and after a later day if the lender:
 (a) ceases to be an accredited person on that later day; and
 (b) has not met the large provider qualification in subclause (3) at any time before that later day.

Calculating averaged value of resident loans and resident finance leases
 (6) For the purpose of calculating the averaged value of resident loans and resident finance leases reported by a relevant non-bank lender and each of its associated non-bank lenders over 12 calendar months, any month in relation to which no report was made by the lender, or any of its associated non-bank lenders, is to be disregarded.
Note: A lender is not required to provide a monthly report to the Australian Prudential Regulation Authority under the applicable standards if its total assets are less than $400 million as at the last day of its financial year.
 (7) In this clause:
applicable standards means the standards made by the Australian Prudential Regulation Authority under the Financial Sector (Collection of Data) Act 2001 dealing with the provision of information to the Authority relating to the loans and finance leases of an ADI or registered financial corporation.
Note: The applicable standards were, in 2025, set out in the Financial Sector (Collection of Data) (reporting standard) determination No. 9 of 2022 [F2022L00212].
associated non-bank lender: a relevant non-bank lender (the first lender) is an associated non-bank lender of another relevant non-bank lender (the second lender) if any of the following apply:
 (a) the first lender is a related body corporate of the second lender for the purposes of the Act (see subsection 4A(5) of the Act);
 (b) the first lender has an arrangement with the second lender in relation to the administration, offering, provision or underwriting of resident loans or resident finance leases;
 (c) the second lender has an arrangement with the first lender for the administration, offering, provision or underwriting of resident loans or resident finance leases.
commencement day means the day on which the Competition and Consumer (Consumer Data Right) Amendment (2025 Measures No. 1) Rules 2025 commences.