Document ID: chunk:federal_register_of_legislation:F2023L00623:body:0:p6
Version: federal_register_of_legislation:F2023L00623
Segment Type: other
Provision Reference: 
Character Range: 14153–17125

to defined contribution business.

                                                                This forms part of accounting equity.
Unallocated distributable surplus                               This is the maximum amount of unallocated surplus that could be immediately distributed to benefit fund members without causing a breach of the capital adequacy standards.
Unallocated surplus                                             This is excess assets over guaranteed benefits after distributions to benefit fund members. This does not include amounts that were allocated to unallocated benefit reserve.

Specific instructions

Table 1: Friendly Society Related Items

Reporting basis

This table applies to friendly societies only. Data must be submitted at the level of each benefit fund and the management fund.

Report all items on the basis used for the determination and allocation / distribution of the surplus in an approved benefit fund.

Report all information as at the reporting date (unless otherwise stated).

Units of measurement

Report the dollar values in this table in whole Australian dollars.
Column 1  Report the value for each item listed below.

Item 1   Report unallocated benefit reserve.
Item 2   Report unallocated surplus.
Item 3   Report increase / (decrease) in unallocated surplus

         Report this item for the quarter or year up to the close of business on the last day of the reporting period as relevant.
Item 4   Report unallocated distributable surplus.
Item 5   Report unallocated surplus - regulatory capital self-supporting level.
Item 6   Report members' combined account balances.
Item 7   Report surplus distributed to benefit fund members as declared bonus.

         Report this item as part of annual submission only.

         The item relates to the year up to the close of business on the last day of the annual reporting period.
Item 8   Report surplus distributed to benefit fund members as interim or terminal bonus.

         Report this item as part of annual submission only.

         The item relates to the year up to the close of business on the last day of the annual reporting period.
Item 9   Report fees paid to the management fund.

         Report this item for the quarter or year up to the close of business on the last day of the reporting period as relevant.
Item 10  Report fees received by the management fund.

         Report this item for the quarter or year up to the close of business on the last day of the reporting period as relevant.
Item 11  Report investment earnings and capital gains gross of tax and net of IME.

         Report this item for the quarter or year up to the close of business on the last day of the reporting period as relevant.
Item 12  Report tax on investment earnings and capital gains.

         Report this item for the quarter or year up to the close of business on the last day of the reporting period as relevant.
Item 13  Report