Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2006 (Cth)

Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2006

Models-based capital adequacy requirements for ADIs:   2005-06

Australian Prudential Regulation Authority Act 1998

I, Jim Flaye, a delegate of the Australian Prudential Regulation Authority (APRA), under section 51 of the Australian Prudential Regulation Authority Act 1998 FIX the charges specified in the Schedule.

Dated  25  May 2006

[Signed]

J Flaye

Chief Financial Officer

SCHEDULE

CHARGES FOR SERVICES

Column 1 Services for which the charge is imposed	Column 2 Amount of the charge	Column 3 Person required to pay the charge	Column 4 When the charge is to be paid
Continued development during the 2005-06 financial year of the supervisory infrastructure and technical capacity required for the introduction of a models-based approach for select ADIs with advanced systems to determine regulatory capital requirements and assessing models for approval.	$742,500 (inclusive of GST) This charge is non-refundable and is payable whether or not the ADI eventually obtains approval for the use of a models-based approach.	·   Australia and New Zealand Banking Group Limited ·   Commonwealth Bank of Australia ·   National Australia Bank Limited ·   Westpac Banking Corporation ·   Macquarie Bank Limited	14 days after receipt of APRA’s invoice for the charge. The invoice may be issued at any time after the date of this instrument.
	$550,000 (inclusive of GST) This charge is non-refundable and is payable whether or not the ADI eventually obtains approval for the use of a models-based approach.	·   St George Bank Limited