Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

1989 No. 357 BANKING (STATISTICS) REGULATIONS - REG 6

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. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback