Statutory Rules 1989 No. 3571
Banking (Statistics) Regulations
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, and under section 4 of the Acts Interpretation Act 1901 hereby make the following Regulations under the Banking Act 1959.
Dated 29 November 1989.
BILL HAYDEN
Governor-General
By His Excellency’s Command,
Minister of State for Industrial Relations for and on behalf of the Treasurer
Citation
1. These Regulations may be cited as the Banking (Statistics) Regulations.
Interpretation
2. In these Regulations, unless the contrary intention appears:
“accounting day” in relation to a bank, means the day specified by the Reserve Bank under regulation 3 for that bank;
“the Act” means the Banking Act 1959.
Accounting day
3. The Reserve Bank:
(a) may fix the day that is to be the accounting day for a bank for a year or for all years; and
(b) must tell the bank.
Balance sheets
4. (1) For the purposes of paragraph 51 (1) (a) of the Act, a bank must prepare a balance sheet in accordance with the form in Schedule 1 for each year.
(2) The balance sheet:
(a) is to be prepared as at the close of business on the bank’s accounting day for that year; and
(S.R. 349/89)—Cat. No. 14/20.11.1989
(b) is to be given to the Reserve Bank no later than 6 months after that accounting day.
Statements of profit and loss
5. (1) For the purposes of paragraph 51 (1) (a) of the Act, a bank must prepare a statement of profit and loss in accordance with the form in Schedule 2 in respect of each year.
(2) The statement of profit and loss:
(a) is to be prepared for the period ending at the close of business on the bank’s accounting day for that year; and
(b) is to be given to the Reserve Bank no later than 6 months after that accounting day.
Statements of assets and liabilities
6. (1) For the purposes of paragraph 51 (1) (a) of the Act, a bank must prepare a statement of assets and liabilities on its Australian books in accordance with the form in Schedule 3.
(2) The statement of assets and liabilities:
(a) is to be prepared as at the close of business on Wednesday in each week; and
(b) is to be given to the Reserve Bank no later than 14 days after that Wednesday; and
(c) is not to contain contingent assets or liabilities.
(3) An account between the head office of a bank and a branch of the bank, or between different branches of the bank, is not to be regarded as an asset or a liability.
Reserve Bank may give directions relating to forms
7. (1) The Reserve Bank may specify in writing the manner in which a form referred to in regulation 4, 5 or 6 is to be completed.
(2) Anything specified by the Reserve Bank under subregulation (1) is not to be inconsistent with these Regulations.
Verification of balance sheets and statements
8. A balance sheet or statement prepared under regulation 4, 5 or 6 is to be verified by a statutory declaration made by a senior officer of the bank.
Reserve Bank to publish balance sheets etc.
9. (1) For the purposes of paragraph 51 (1) (f) of the Act, the Reserve Bank is to prepare and publish, for each bank:
(a) an annual balance sheet; and
(b) an annual profit and loss statement; and
(c) a statement of assets and liabilities for each month.
(2) In spite of subregulation (1), if the Reserve Bank is not given relevant accounts, financial statements or other information relating to the banking business of a bank, the Reserve Bank is not required to prepare and publish a balance sheet, profit and loss statement or statement of assets and liabilities for that bank.
Repeal of former Banking (Statistics) Regulations
10. Statutory Rules 1962 No. 92, 1966 No. 159, 1968 No. 108, 1970 No. 136, 1971 No. 126, 1972 No. 72, 1974 No. 89, 1975 No. 218, 1980 No. 167, 1981 Nos. 210 and 371, 1982 Nos. 144 and 213, 1984 No. 282, 1986 No. 302, 1987 No. 184, 1988 No. 254 and 1989 Nos. 29 and 81 are repealed.
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SCHEDULE 1 Subregulation 4 (1)
BALANCE SHEET
| | of the (name of bank) as at the close of business on …………………….. | |
| | Liabilities | $ millions |
| 1. | Authorised capital (1): | |
| | | .......................... |
| | | .......................... |
| | Total Authorised Capital | |
| 2. | Issued capital(2): | .......................... |
| | | .......................... |
| | | |
| | Total Issued Capital | |
| 3. | Paid-up capital | .......................... |
| 4. | Reserves: | .......................... |
| 5. | Retained earnings | .......................... |
| | | .......................... |
| 6. | Total shareholders’ funds | .......................... |
| 7. | Other capital funds (3): | |
| | (a) Eligible | .......................... |
| | (b) Ineligible | .......................... |
| 8. | Depositors’ balances | .......................... |
| 9. | Balances due to other banks | .......................... |
| 10. | Bills payable | .......................... |
| 11. | All other liabilities (4) | .......................... |
| 12. | Total liabilities | |
SCHEDULE 1—continued
| | Assets | $ millions |
| 13. | Coin, bullion and notes | .......................... |
| 14. | Deposits with Reserve Bank of Australia: | |
| | (a) Non-callable deposit account | .......................... |
| | (b) Other | .......................... |
| 15. | Cheques and bills of, and balances with and due from, other banks: | |
| | (a) Australian banks | .......................... |
| | (b) Other | .......................... |
| 16. | Australian public sector securities (5): | |
| | (a) Commonwealth Government | .......................... |
| | (i) Treasury notes | .......................... |
| | (ii) Other Commonwealth Government Securities | .......................... |
| | (b) Other | .......................... |
| 17. | Other public sector securities (6) | .......................... |
| 18. | Loans to authorised dealers in the Australian short-term money market | .......................... |
| 19. | Loans, advances and bills discounted (7) | .......................... |
| 20. | Bank premises, furniture and sites (8) | .......................... |
| 21. | Bills receivable | .......................... |
| 22. | All other assets (9) | .......................... |
| 23. | Total assets | .......................... |
| Notes | |
| (1) Insert details of shares, including number, denomination, class and total value. | |
| (2) Insert details of shares issued, including number and amount, denomination and class, and amount paid-up per share. Set out details of reserved liability (if any). | |
| (3) Include all subordinated debt (term or perpetual) and any other debt instruments accepted as capital by the Reserve Bank of Australia. | |
| (4) Include provision accounts, except those for bad or doubtful debts. | |
| (5) State basis of valuation. | |
| (6) State basis of valuation. | |
| (7) Deduct both specific and general provisions for bad or doubtful debts. | |
| (8) State basis of valuation. | |
| (9) Include remittances in transit. | |
| | | |
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SCHEDULE 2 Subregulation 5 (1)
STATEMENT OF PROFIT AND LOSS
| of the (name of bank) for the period ended......................................... | ............................ |
| | | $ millions |
| 1. | Interest income | .......................... |
| 2. | Less interest expenses | |
| 3. | Net interest income | .......................... |
| 4. | Other operating income (1) | .......................... |
| 5. | Less Other operating expenses (2) | .......................... |
| 6. | Less Provisions for bad and doubtful debts | .......................... |
| 7. | Operating profit | .......................... |
| 8. | Less Income tax attributable to operating profit | |
| 9. | Operating profit after income tax | .......................... |
| 10. | Extraordinary items (net of tax) (3) | .......................... |
| 11. | Retained profits at the beginning of the financial year | |
| 12. | Total available for appropriation | .......................... |
| 13. | Less Transfers to reserves | .......................... |
| 14. | Less Dividends: | .......................... |
| | (a) Interim paid | .......................... |
| | (b) Final | .......................... |
| 15. | Retained profits at the end of the financial year | |
Notes
(1) Include all non-interest income attributable to the normal operations of the bank. Exclude income associated with extraordinary items.
(2) Include all non-interest expenses attributable to the normal operations of the bank. Exclude expenses associated with extraordinary items.
(3) Itemise significant amounts included in this item.
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SCHEDULE 3 Subregulation 6 (1)
| STATEMENT OF LIABILITIES AND ASSETS ON THE AUSTRALIAN BOOKS of the........................................ as at the close of business on..................... |
| PART I—LIABILITIES |
| | AUD MILLIONS | |
| ITEM | Australian resident | Non-resident | Total |
| 1. Deposits repayable in Australia1 | | | |
| (a) Current deposits bearing interest | | | |
| (i) Other banks2 | | | |
| (ii) Commonwealth and State Governments | | | |
| (iii) Non-bank financial intermediaries | | | |
| (iv) Other | | | |
| (b) Current deposits not bearing interest | | | |
| (i) Other banks2 | | | |
| (ii) Commonwealth and State Governments | | | |
| (iii) Non-bank financial intermediaries | | | |
| (iv) Other | | | |
| (c) Term deposits and deposits at call (excludes Certificates of Deposit) | | | |
| (i) Other banks2 | | | |
| (ii) Commonwealth and State Governments | | | |
| (iii) Non-bank financial intermediaries | | | |
| (iv) Other | | | |
| (d) Certificates of Deposit | | | |
| (i) Issued to Commonwealth and State Governments | | | |
| (ii) Other | | | |
| (e) Other Deposits | | | |
| (i) Other banks2 | | | |
| (ii) Commonwealth and State Governments | | | |
| (iii) Non-bank financial intermediaries | | | |
| (iv) Other | | | |
| (f) Total deposits | | | |
| 2. Other borrowings | | | |
| (a) Banks2 | | | |
| (b) Other | | | |
| 3. Liabilities arising from the acceptance of bills of exchange | | | |
| 4. All other liabilities | | | |
| 5. Total AUD liabilities | | | |
| 6. Foreign currency liabilities [AUD millions equivalent] | | | |
| (a) Deposits | | | |
| (b) Other | | | |
| 7. Total liabilities [excluding shareholders’ funds3] | | | |
SCHEDULE 3—continued
| PART II—ASSETS |
| ITEM | AUD MILLIONS |
Australian resident | Non-resident | Total |
| 8. Australian notes and coin | | | |
| 9. Deposits with Reserve Bank of Australia | | | |
| (a) Non-Callable deposits | | | |
| (b) Other | | | |
| 10. Public sector securities | | | |
| (a) Commonwealth Government | | | |
| (i) Treasury notes | | | |
| (ii) Other Commonwealth Government securities | | | |
| (b) Other | | | |
| 11. Deposits and placements with, and loans to, financial intermediaries | | | |
| (a) Banks2 | | | |
| (i) Certificates of Deposit | | | |
| (ii) Other | | | |
| (b) Authorised dealers in the short-term money market | | | |
| (i) Secured by Commonwealth Government securities | | | |
| (ii) Other | | | |
| (c) Other | | | |
| 12. Other Lending | | | |
| 13. Clients’ commitments arising from the acceptance by the bank of bills of exchange | | | |
| 14. All other assets | | | |
| 15. Total AUD assets | | | |
| 16. Foreign currency assets [AUD millions equivalent] | | | |
| 17. Total assets | | | |
SCHEDULE 3—continued
| PART III |
| DEPOSITS AND LOANS CLASSIFIED BY STATE AND TERRITORY IN AUD MILLIONS |
| DEPOSITS |
| STATE/ TERRITORY | Current deposits bearing interest | Current deposits not bearing interest | Term deposits including Certificates of Deposit | Investment savings | Statement savings | Passbook/ school savings | Other |
| New South Wales* | | | | | | | |
| Victoria | | | | | | | |
| Queensland | | | | | | | |
| South Australia | | | | | | | |
| Western Australia | | | | | | | |
| Tasmania | | | | | | | |
| Northern Territory | | | | | | | |
| Australian Capital | | | | | | | |
| Territory | | | | | | | |
| Other | | | | | | | |
| TOTAL | | | | | | | |
| LOANS |
| STATE/ TERRITORY | Lending referred to in item 12 of Part II |
| New South Wales* | |
| Victoria |
| Queensland |
| South Australia |
| Western Australia |
| Tasmania |
| Northern Territory |
| Australian Capital Territory |
| Other |
| TOTAL |
* Includes Norfolk Island
NOTE: in this statement, “AUD” means Australian dollars.
Notes
1 Insert only amounts which are Australian deposits for the purpose of Section 16 of the Banking Act 1959.
2 This item applies with respect to all banks within the definition of “bank” in subsection 5 (1) of the Banking Act 1959, as well as banks owned by State Governments.
3 When the statement is prepared by the Commonwealth Bank of Australia or the Commonwealth Development Bank of Australia for “shareholders’ funds” substitute “capital and reserve funds”.
NOTE
1. Notified in the Commonwealth of Australia Gazette on 7 December 1989.
Printed by Authority by the Commonwealth Government Printer