Banking Act 1959

Application  
18(1)
The amendments apply to a financial sector entity (within the meaning of the Financial Sector (Collection of Data) Act 2001 ) that is a body referred to in subitem (2) only on and after the day on which the reporting standards determined under section 13 of that Act begin to apply under section 15 of that Act to a class or kind of financial sector entities in which that body is included.

18(2)
The bodies are:

(a) ADIs; and

(b) authorised NOHCs; and

(c) subsidiaries of ADIs; and

(d) subsidiaries of authorised NOHCs.

18(3)
Expressions used in subitem (2) have the same meanings as in the Banking Act 1959 .

Application  
18(1)
The amendments apply to a financial sector entity (within the meaning of the Financial Sector (Collection of Data) Act 2001 ) that is a body referred to in subitem (2) only on and after the day on which the reporting standards determined under section 13 of that Act begin to apply under section 15 of that Act to a class or kind of financial sector entities in which that body is included.

18(2)
The bodies are:

(a) ADIs; and

(b) authorised NOHCs; and

(c) subsidiaries of ADIs; and

(d) subsidiaries of authorised NOHCs.

18(3)
Expressions used in subitem (2) have the same meanings as in the Banking Act 1959 .

Collection and publication of information about ADIs, authorised NOHCs  
(1)
The regulations may make provision for and in relation to:

(a) requiring an ADI, an authorised NOHC, or a subsidiary of an ADI or an authorised NOHC, to prepare, and to give to APRA, accounts and financial statements; and

(b) requiring an ADI to give information relating to its banking business to APRA; and

(ba) requiring:

(i) an authorised NOHC; or

(ii) a subsidiary of an ADI or an authorised NOHC;

to give information to APRA in respect of the NOHC or subsidiary; and

(c) specifying, or enabling APRA to specify, the manner and form in which the accounts and financial statements are to be prepared and given or in which the information is to be given; and

(d) requiring accounts, financial statements or information given to be verified by a statutory declaration made by a senior officer of the ADI, authorised NOHC or subsidiary; and

(e) enabling APRA to exempt an ADI, an authorised NOHC, or a subsidiary of an ADI or an authorised NOHC, (either unconditionally or conditionally) from compliance with an obligation of the kind mentioned in paragraph

(b) or (ba); and

(f) requiring APRA to prepare and publish, in respect of an ADI, an authorised NOHC, or a subsidiary of an ADI or an authorised NOHC, all or any of the following:

(i) a balance-sheet;

(ii) a profit and loss statement;

(iii) a statement of assets and liabilities;

(iv) with the consent of the ADI, authorised NOHC or subsidiary concerned - other information.

(2)
Regulations made for the purposes of this section shall not require information to be given with respect to the affairs of an individual customer unless the information is in respect of prudential matters relating to the ADI concerned.

(3)
Regulations made for the purposes of paragraph (1)

(f) shall not require the preparation and publication of information with respect to the affairs of an individual customer.