Document ID: chunk:federal_register_of_legislation:F2018L00380:body:0:p4
Version: federal_register_of_legislation:F2018L00380
Segment Type: other
Provision Reference: 
Character Range: 8297–11388

days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.

    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.

    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.

    credit union means a locally incorporated ADI that assumes or uses the expression 'credit union' in relation to its banking business and includes Cairns Penny Savings & Loans Limited.

    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.

    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.

    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 AASB 127); and

       (c)          it is not itself a subsidiary (within the meaning of 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.

    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 but does not include Cairns Penny Savings & Loans Limited.

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

    stake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).

    18.         Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.

Reporting Form ARF 220.5

Movements in Provisions for Impairment

Instruction Guide

General directions and notes

Reporting entity

This form is to be completed by all authorised deposit-taking institutions (ADIs) on both a licensed ADI and consolidated ADI group basis (where applicable).

Branches of foreign banks are required to complete this form for the Australian branch only.

Licensed ADI

This refers to the operations of the reporting ADI