Reserve Bank Regulations (Amendment) (Cth)

 

Statutory Rules 1984 No. 571

Reserve Bank Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Reserve Bank Act 1959.

Dated 12 April 1984.

Governor-General

By His Excellency’s Command,

Treasurer

Financial statements

1. Regulation 8 of the Reserve Bank Regulations is amended by omitting sub-regulation (2) and substituting the following sub-regulation:

“(2) The Board is not required to include in a financial statement to be prepared in accordance with a form referred to in sub-regulation (1) an item included in that form if no amount is applicable to that item.”.

Schedule 1

2. Schedule 1 to the Reserve Bank Regulations is amended by omitting Forms C, D, E and F and substituting the forms set out in Schedule 1.

Schedule 2

3. The Reserve Bank Regulations are amended as set out in Schedule 2.

S.R. 26/82 Cat. No.  Recommended retail price 60c  10/24.2.1984

 

SCHEDULE 1 Regulation 2

FORM C Regulation 8

Reserve Bank Act 1959

RESERVE BANK OF AUSTRALIA

AGGREGATE BALANCE-SHEET AS AT 30 JUNE 19

     

Liabilities	$’000	Assets	$’000
Capital..................................................	Gold and foreign exchange –
Reserves...............................................	Gold..........................................................
Australian notes on issue......................	International Monetary Fund special drawing rights.....................................................
Deposits by—
Trading banks—	Foreign exchange......................................
Statutory Reserve Deposits.........	Commonwealth Government securities—
Other...........................................	Treasury bills.............................................
Savings banks..................................	Treasury notes...........................................
Governments and government instrumentalities..........................	Other securities..........................................
	Loans advances and bills discounted............
Commonwealth......................	Bank premises and other durable assets........
State.......................................	Clearing items (remittances in transit cheques and bills of other banks)..................................
Foreign governments, foreign institutions and international organizations...............................
	Australian notes and com..............................
	Other assets....................................................
Other depositors
Special Reserve—International.......
Monetary Fund special drawing rights......................................
Other liabilities.................................
Total.............................	Total.......................................

AGGREGATE PROFIT AND LOSS APPROPRIATION STATEMENT FOR YEAR ENDED 30 JUNE 19

    

$’000	$’000
Net profits appropriated as follows:	Net profits (after deducting amounts written of bank premises and amounts provided for contingencies and general purposes) —
Central Banking Business—
Reserve Bank Reserve Fund
Commonwealth of Australia
Central Banking Business........
Note Issue Department Commonwealth of Australia	Note Issue Department.............
	Rural Credits Department........
Rural Credits Department—
Rural Credits
Department Reserve Fund
Rural Credits
Development Fund
Total...........................	Total...........................

Direction

State, in relation to major assets and liabilities, the basis of valuation, and, where such an asset or liability is realizable or payable in a foreign currency, the principles adopted in converting into Australian currency the value of the asset or liability.

SCHEDULE 1—continued

FORM D Regulation 8

Reserve Bank Act 1959

RESERVE BANK OF AUSTRALIA

CENTRAL BANKING BUSINESS

BALANCE-SHEET AS AT 30 JUNE 19

     

Liabilities	$’000	Assets	$’000
Capital.............................................	Gold and foreign exchange
Reserves	Gold...................................................
Reserve Bank Reserve Fund	International Monetary Fund special drawing rights...............................
Reserves for contingencies and general purposes
	Foreign exchange...............................
Commonwealth Government securities–
Deposits by	Treasury bills.....................................
Trading banks	Treasury notes...................................
Statutory Reserve Deposits....	Other securities..................................
Other......................................	Loans, advances and bills discounted
Savings banks.............................	Rural Credits Department..................
Governments and government instrumentalities	Other..................................................
	Bank premises and other durable assets
Commonwealth......................	Clearing items (remittances in transit, cheques and bills of other banks)....................
State.......................................
Foreign governments, foreign institutions and international organizations..........................	Australian notes and coin.......................
	Other assets.............................................
Other depositors.........................
Funds of Note Issue Department.....
Special Reserve International Monetary Fund special drawing rights
Other liabilities................................
Total........................	Total................................

Direction

State, in relation to major assets and liabilities, the basis of valuation, and, where such an asset or liability is realizable or payable in a foreign currency, the principles adopted in converting into Australian currency the value of the asset or liability.

SCHEDULE 1—continued

FORM E Regulation 8

Reserve Bank Act 1959

RESERVE BANK OF AUSTRALIA

NOTE ISSUE DEPARTMENT

BALANCE-SHEET AS AT 30 JUNE 19

Liabilities	$’000	Assets	$’000
Reserves for contingencies and general purposes.........................................	Gold and foreign exchange –
	Gold..................................................
Australian notes on issue......................	Foreign exchange...............................
Provision for notes not presented..........	Commonwealth Government securities
Other liabilities....................................	Treasury bills.....................................
Treasury notes...................................
Other securities..................................
Funds held by the Bank...........................
Bank premises and other durable assets
Other assets............................................
Total...........................	Total...............................

Direction

State, in relation to major assets and liabilities, the basis of valuation, and, where such an asset or liability is realizable or payable in a foreign currency, the principles adopted in converting into Australian currency the value of the asset or liability.

FORM F Regulation 8

Reserve Bank Act 1959

RESERVE BANK OF AUSTRALIA

RURAL CREDITS DEPARTMENT

BALANCE-SHEET AS AT 30 JUNE 19

Liabilities	$’000	Assets	$’000
Capital...........................................	Commonwealth Government securities—
Reserves	Treasury bills.........................................
Rural Credits Department	Treasury notes.......................................
Reserve Fund	Other securities......................................
Reserve for contingencies and general purposes	Loans, advances and bills discounted........... Other assets................................................
Deposits.........................................
Advances from the Bank.................
Rural Credits Development Fund.....
Other liabilities...............................
Total......................	Total..................................

Direction

State, in relation to major assets and liabilities, the basis of valuation, and, where such an asset or liability is realizable or payable in a foreign currency, the principles adopted in converting into Australian currency the value of the asset or liability.

SCHEDULE 2 Regulation 3

FORMAL AMENDMENTS

Provision amended

Amendment

Sub-regulation 3 (2)............

Omit “the First Schedule to these regulations”, substitute “Schedule 1”.

Regulation 5a.....................

(a) Omit “sub-section (4) of section 57”, substitute “sub-section 57 (4)”.

(b) Omit “the Second Schedule to these Regulations”, Substitute “Schedule 2”.

Omit “Fifty pounds”, substitute “$100”.

Sub-regulation 8 (1)............

Omit “sub-section (1) of section 81”, substitute “sub-section 81 (1)”.

Omit “THE SCHEDULES”.

First Schedule.....................

Omit “FIRST SCHEDULE”, substitute “SCHEDULE 1”.

First Schedule, Forms A and B 

Omit “Reserve Bank Act”, substitute “Reserve Bank Act 1959”.

First Schedule, Form B........

Omit “pounds

 shillings (£  )”, substitute “dollars cents ($  )”.

Second Schedule................

Omit “SECOND SCHEDULE”, substitute “SCHEDULE 2”.

NOTES

1. Notified in the Commonwealthof Australia Gazette on 19 April 1984.

2.Statutory Rules 1960 No. 3 as amended by 1962 No. 40; 1963 No. 77; 1967 No. 43; 1969 No. 24.

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