Document ID: chunk:federal_register_of_legislation:F2022L00217:body:0:p3
Version: federal_register_of_legislation:F2022L00217
Segment Type: other
Provision Reference: 
Character Range: 5487–8619

the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI under this Reporting Standard.

    13.         All information provided by an ADI under this Reporting Standard must be subject to processes and controls developed by the ADI for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.

Authorisation

    14.         When an officer or agent of an ADI submits information under this Reporting Standard using a method notified by APRA, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.

Minor alterations to forms and instructions

    15.         APRA may make minor variations to:

       (a)          a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or

       (b)          the instructions to a form, to clarify their application to the form

    without changing any substantive requirement in the form or instructions.

    16.         If APRA makes such a variation it must notify in writing each ADI that is required to report under this Reporting Standard.

Interpretation

    17.         In this Reporting Standard:

    AASB has the meaning in section 9 of the Corporations Act 2001.

    ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.

    APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

    consolidated ADI group means a group comprising:

       (a)          an ADI that is a highest parent entity; and

       (b)          each subsidiary (within the meaning of Accounting Standard AASB 127) of that ADI, whether the subsidiary is locally-incorporated or not, other than a subsidiary that is excluded by the instructions attached to this standard.

    due date means the relevant due date under paragraph 10 or, if applicable, paragraph 11.

    foreign ADI has the meaning in section 5 of the Banking Act 1959.

    highest parent entity means an ADI that satisfies all of the following conditions:

       (a)          it is locally-incorporated;

       (b)          it has at least one subsidiary (within the meaning of Accounting Standard AASB 127); and

       (c)          it is not itself a subsidiary (within the meaning of Accounting Standard AASB 127) of an ADI that is locally-incorporated.

    locally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.

    reporting period means a period mentioned in paragraph 8 or, if applicable, paragraph 9.

    Reporting Category A has the meaning given by Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0).

    Reporting Category B has the meaning given by ARS 701.0.

    18.         Unless the contrary intention