Financial Sector (Collection of Data) (reporting standard) determination No. 4 of 2015 - SRS 160.1 - Defined Benefit Member Flows (Cth)

Financial Sector (Collection of Data) (reporting standard) determination No. 4 of 2015

Reporting Standard SRS 160.1 Defined Benefit Member Flows

Financial Sector (Collection of Data) Act 2001

I, Charles Littrell, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:

(a) REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 17 of 2014, including Reporting Standard SRS 160.1 Defined Benefit Member Flows made under that Determination; and

(b) DETERMINE Reporting Standard SRS 160.1 Defined Benefit Member Flows, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, on 1 July 2015.

This instrument commences on the date of registration on the Federal Register of Legislative Instruments.

Dated: 10 June 2015

[Signed]

Charles Littrell Executive General Manager Policy, Statistics and International Division

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.

financial sector entity has the meaning given by section 5 of the Act.

Schedule

Reporting Standard SRS 160.1 Defined Benefit Flows comprises the 12 pages commencing on the following page.

Reporting Standard SRS 160.1

Defined Benefit Member Flows

Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to contributions and payments from a defined benefit RSE and a defined benefit sub-fund. It includes Form SRF 160.1 Defined Benefit Member Flows and associated specific instructions and must be read in conjunction with Prudential Standard SPS 160 Defined Benefit Matters.