Banking (Statistics) Amendment Regulations 1999 (No. 1) (Cth)

Banking (Statistics) Amendment Regulations 1999 (No. 1)

Statutory Rules 1999 No. 142

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations under the Banking Act 1959.

Dated 29 June 1999.

WILLIAM DEANE

Governor-General

By His Excellency’s Command,

JOE HOCKEY

Minister for Financial Services and Regulation

Banking (Statistics) Amendment Regulations 1999 (No. 1)1

Statutory Rules 1999 No. 1422

made under the

Banking Act 1959

   

Contents

Page

• •
• •

 

1Name of regulations

 These regulations are the Banking (Statistics) Amendment Regulations 1999 (No. 1).

2Commencement

These regulations commence on the commencement of Schedule 4 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999.3

3Amendment of Banking (Statistics) Regulations

 Schedule 1 amends the Banking (Statistics) Regulations.

Schedule 1Amendments

(regulation 3)

  

[1]Regulation 1

substitute

1Name of regulations

 These regulations are the Banking (Statistics) Regulations 1989.

[2]Regulation 2, after definition of Act

insert

transferring institution means a body that is taken, under subitem 7 (3) of Schedule 8 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999, to have been given an authority under subsection 9 (3) of the Banking Act 1959 to carry on banking business.

[3]After regulation 6

insert

6ATransferring institutions — monthly financial statements

• (1)

  This regulation applies to a transferring institution with assets of a value greater than $50,000,000 at any time in a month, including:

  • (a)

    the month in which this regulation commences; and

  • (b)

    the month immediately before this regulation commences.

• (2)

  For the purposes of paragraph 51 (1) (a) of the Act, the institution must prepare, and give to APRA, a financial statement for the month, in accordance with the form in Schedule 4.

• (3)

  The statement:

  • (a)

    is to be prepared as at the close of business on the last day of the month; and

  • (b)

    is to be given to APRA no later than 14 days after that day.

[4]Subregulation 7 (1)

omit

regulation 4, 5 or 6

insert

regulation 4, 5, 6 or 6A

[5]After Schedule 3

insert

Schedule 4Monthly financial statement

(regulation 6A)

Monthly Financial Statement

name: [name of transferring financial institution]

month: [month to which financial statement relates]

date prepared:

Item	Description	Index	Amount ($)
1	Cash on hand	BS1
2	Loans and overnight settlements secured against cash	BS2
3	Cash items in process of collection	BS3
4	Bank deposits	BS4
5	Building society and credit union deposits	BS5
6	International Banking Agencies or Regional Development Banks	BS6
7	Primary Liquid Assets (PLA)	BS7
8	Other	BS8
9	CGS and State or Territory	BS9
10	All other claims on or guaranteed by Commonwealth, State or Territory Governments	BS11
11	Local government securities	BS12
12	Promissory notes — State Government	BS13
13	Claims on — Australian Local Governments or Public Sector Entities	BS14
14	Promissory notes — other	BS15
15	Other — Public Securities	BS16
16	Bank Bills	BS17
17	NCDs	BS18
18	Other PLA investment	BS19
19	Other operational liquidity investment	BS20
20	Floating Rate Notes (FRNs) — Commonwealth, State or Territory Government	BS21
21	FRNs — Local Government	BS23
22	FRNs — Authorised Deposit Taking	BS24
23	Other securities	BS25
24	Qualifying mortgage secured personal loans	BS29
25	Other personal loans	BS31
26	TOTAL Personal loans	BS33
27	Qualifying mortgage secured residential loans	BS35
28	Other residential loans	BS37
29	TOTAL Residential loans	BS39
30	Qualifying mortgage secured commercial loans	BS41
31	Other commercial loans	BS43
32	TOTAL Commercial loans	BS45
33	TOTAL Loans	BS47
34	TOTAL ASSETS	BS67
35	Bank borrowings	BS68
36	SSP borrowings	BS69
37	Credit union or building society borrowings	BS70
38	Other — borrowings from other FIs	BS71
39	Call deposits	BS72
40	Term deposits	BS73
41	Retirement Savings Accounts deposits	BS74
42	Other borrowings	BS75
43	Debentures	BS83
44	Unsecured notes	BS84
45	Other	BS86
46	Perpetual subordinated debt	BS81
47	Term subordinated debt	BS82

Note   Items 36, 37 and 38 of this statement relate to dealings by a transferring institution with an ADI that was, before the transfer date:

• •

  a special service provider; or

• •

  a credit union or building society; or

• •

  any other financial institution.

• The items are to be completed if the transferring institution had borrowings with ADIs of the relevant type in the month to which this statement relates.

   The items should be completed by reference to the status of the ADI immediately before the transfer date.

Notes

• 1.

  These regulations amend Statutory Rules 1989 No. 357, as amended by 1992 No. 396; 1994 No. 417; 1997 No. 24; 1998 No. 198.

• 2.

  Made by the Governor-General on 29 June 1999, and notified in the Commonwealth of Australia Gazette on 30 June 1999. 

• 3.

  Schedule 4 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999