Document ID: chunk:federal_register_of_legislation:F2017L01026:body:0:p4
Version: federal_register_of_legislation:F2017L01026
Segment Type: other
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Character Range: 8331–11373

reporting standard which this reporting standard replaces).

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

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

       (b)          in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.

    Note: for the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide the overdue reporting documents in accordance with the old reporting standard.

Interpretation

    18.         In this reporting standard:

    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.

    Australian-owned bank means a locally incorporated ADI that assumes or uses the word 'bank' in relation to its banking business and is not a foreign subsidiary bank.

    authorised NOHC has the meaning given in the Banking Act 1959.

    branch of a foreign bank means a 'foreign ADI' as defined in section 5 of the Banking Act 1959.

    building society means a locally incorporated ADI that assumes or uses the expression 'building society' in relation to its banking business.

    class of ADI means each of the following:

        (i)                  Australian-owned bank;

        (ii)               foreign subsidiary bank;

        (iii)             branch of a foreign bank;

        (iv)              building society;

        (v)                credit union; and

        (vi)              other ADI.

    credit union means a locally incorporated ADI that assumes or uses the expression 'credit union' in relation to its banking business.

    due date means the last day of the 28 calendar days provided for in paragraph 9 or, if applicable, paragraph 11.

    foreign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.

    immediate parent NOHC means an authorised NOHC, or a subsidiary of an authorised NOHC, that is an immediate parent NOHC within the meaning of Prudential Standard APS 001 Definitions (APS 001).

    Level 1 has the meaning in APS 001.

    Level 2 has the meaning in APS 001.

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

    other ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union or a foreign subsidiary bank.

    reporting period means a quarter of a year as provided for in paragraph 8 or, if applicable, paragraph 10.

    subsidiary has the meaning