Document ID: chunk:federal_register_of_legislation:F2021L01082:body:0:p4
Version: federal_register_of_legislation:F2021L01082
Segment Type: other
Provision Reference: 
Character Range: 8771–11930

(Portfolio Information)

Instruction Guide
This instruction guide is designed to assist in the completion of Reporting Form ARF 920.6 Australian Government SME Recovery Loan Scheme – JobKeeper (Portfolio Information) (ARF 920.6). This form collects information on an authorised deposit-taking institution's (ADI's) or registered financial corporation's (RFC's) JobKeeper scheme-backed loans to small and medium enterprises (SMEs).

Where the primary borrower was adversely affected by the floods that occurred in March 2021 and was a recipient of the JobKeeper payment between 4 January 2021 and 28 March 2021, an ADI or RFC must provide information under this Reporting Standard and not under Reporting Standard ARS 920.8 Australian Government Small and Medium Enterprise (SME) Recovery Loan Scheme – Flood.

General directions and notes

Reporting entity
ARF 920.6 must be completed by all ADIs and RFCs to which this Reporting Standard applies under paragraph 3.

Unit of measurement
This form must be completed in whole Australian dollars (no decimal place). Percentages are to be expressed as a whole number to 2 decimal places, for example 7.5 per cent should be expressed as 7.50, not 0.075.

Treatment of facilities
Where there is a finance facility with a mix of interest rate or repayment types, follow the instructions below, unless otherwise specified.

When reporting on the number of facilities, report each facility once. Where interest rate types or repayment types are separately identified, report the number of facilities according to the predominant interest rate type or repayment type by value. Exclude facilities that are entered into and subsequently cancelled, due to being raised in error.

When reporting the value of finance, apportion across the relevant interest rate type and/or repayment type dimensions.

Definitions
Terms highlighted in bold italics indicate that the definition is provided in these instructions.

Credit limit                    As defined in Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0).

Credit outstanding              As defined in ARS 701.0.

(Lending) Facility              As defined in ARS 701.0.

Guarantee claims                Means a claim made by a lender under the Scheme in respect of a JobKeeper scheme-backed loan.

Guarantee Scheme                Means the Australian Government SME Guarantee Scheme.[2]

Guarantee scheme-backed loan    Means a loan made by a lender under the Guarantee Scheme.

Impaired                        Means an impaired facility as defined by the entity's lender policies.

Interest rate                   As defined in ARS 701.0.

JobKeeper scheme-backed loan    Means a loan made by a lender under the Scheme where the primary borrower of the loan was a recipient of the JobKeeper payment between 4 January 2021 and 28 March 2021.

Loans approved                  Means borrower-accepted commitments as defined in ARS 701.0.

Loans refinanced                Means loans refinanced after approval that are no longer covered by the Scheme.

Lender policies                 Means policies and procedures of