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FINANCIAL SECTOR (COLLECTION OF DATA) ACT 2001 - SECT 31

Definitions

                   In this Act, unless the contrary intention appears:

"APRA" means the Australian Prudential Regulation Authority.

"Australia" includes all the external Territories.

"balance-sheet" includes a statement of assets and liabilities or any similar document.

"category" means one of the categories into which registered entities are divided in the list kept for the purposes of section 11.

"co-operative housing society" means a society registered or incorporated as a co-operative housing society or similar society under a law of a State or Territory.

"decision" , in Part 3A, has the same meaning as in the Administrative Appeals Tribunal Act 1975 .

"discretionary mutual fund" has the meaning given by subsections 5(5) and (6).

"financial corporation" means a financial corporation to which paragraph 51(xx) of the Constitution applies.

"financial sector agency" means:

                     (a)  ASIC; or

                     (b)  the Reserve Bank; or

                     (c)  a Commonwealth, State or Territory authority prescribed by the regulations.

"financial sector entity" has the meaning given by section 5.

"foreign corporation" means a foreign corporation within the meaning of paragraph 51(xx) of the Constitution.

"governing body" of a financial sector entity means the board of directors, trustee or trustees, committee of management, council or other governing authority of the entity.

"principal executive officer" of a financial sector entity means the principal executive officer of the entity for the time being, by whatever name called, and whether or not he or she is a member of the governing body of the entity.

"registered entity" has the meaning given by subsection 5(3).

"registrable corporation" has the meaning given by section 7.

"regulated entity" has the meaning given by subsection 5(4).

"reporting document" means a document of a kind mentioned in subparagraph 13(1)(a)(i) or (ii) or 13(1B)(a)(i) or (ii).

"reporting standard" means a reporting standard determined by APRA under section 13.

"Reserve Bank" means the Reserve Bank of Australia.

"reviewable decision" means any of the following decisions:

                     (a)  a decision not to exempt an organisation under paragraph 7(2)(j);

                     (b)  a decision not to allow a longer period under subsection 9(3);

                     (c)  a decision to include (including by transfer) a registered entity in a particular category under section 11;

                     (d)  a decision under section 13 to determine a reporting standard for a particular financial sector entity;

                     (e)  a decision to vary a reporting standard determined under section 13 for a particular financial sector entity.

"share" includes stock, and also includes an interest in a share or in any stock.

"superannuation entity" has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .

"trading corporation" means a trading corporation to which paragraph 51(xx) of the Constitution applies.



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