Australian Prudential Regulation Authority Act 1998

PART 7 - MISCELLANEOUS  

SECTION 59   ANNUAL REPORTS  

59(1)    
(Repealed by No 62 of 2014)


59(2)    


The annual report prepared by the Chair and given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period must include the following:


(a) information on the following matters under the Banking Act 1959 :


(i) the activities of persons conducting investigations under Division 2 of Part II of the Banking Act 1959 ;

(ii) the activities of persons conducting investigations under section 61 of the Banking Act 1959 ;

(iii) the operation of Division 2AA (Financial claims scheme for account-holders with insolvent ADIs) of Part II of the Banking Act 1959 ;


(aaa) information on the following matters:


(i) the activities of Banking Act statutory managers (within the meaning of the Banking Act 1959 );

(ii) the activities of Insurance Act statutory managers (within the meaning of the Insurance Act 1973 );

(iii) the activities of Life Insurance Act statutory managers (within the meaning of the Life Insurance Act 1995 );


(aa) information on the operation of Part VC (Financial claims scheme for policyholders with insolvent general insurers) of the Insurance Act 1973 ;


(b) information on the exercise during the period of APRA ' s powers under Part 15 of the Retirement Savings Accounts Act 1997 and under Part 29 of the Superannuation Industry (Supervision) Act 1993 ;


(ba) a statement of the number of times during the period that APRA determined, under subsection 13(1) of the Financial Sector (Collection of Data) Act 2001 , a reporting standard that is not a legislative instrument;


(c) information on any other matters required by the regulations.


(d) - (e) (Repealed by No 62 of 2014)


59(3)    


Subparagraphs (2)(a)(i) and (ii) do not authorise the inclusion in the annual report of information with respect to the affairs of a particular ADI or authorised NOHC, a particular subsidiary of an ADI or authorised NOHC, or a particular customer of an ADI.

59(4)    
(Repealed by No 62 of 2014)


59(5)    
In this section:

ADI
has the same meaning as in the Banking Act 1959 .

authorised NOHC
has the same meaning as in the Banking Act 1959 .



 

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