PET - Plain English Taxonomy

Attribute: R12316
Concept:
Label: Provision % - Category three facilities
Concept Guidance:
The percentage to be applied to the outstanding balance, or other relevant amount, as prescribed in the prudential standards for calculating the prescribed provision for Category Three facilities of the reporting party as at the relevant date..Category Three facilities are any exposures at the relevant date that meet the provisioning requirements in accordance with the Prescribed Provisioning methodology outlined in the relevant prudential standards, but have not been classified by the reporting party as Category One, Two or Four facilities. 
Dimensions
Dimension Member Description
(PrescribedPastDue60DLT90D)
This dimension classifies assets according to the likelihood of their full economic benefits being realised.
The data reported relates to credit exposures where the following criteria are met:(1) the facility is not subject to a regular repayment schedule and has remained continuously outside contractual or approved arrangements for a period of 60 days or more, but less than 90 days; or(2) the facility is subject to a regular repayment schedule and: (2a) at least 60 calendar days, but not more than 90 days have elapsed since the due date of a contractual payment that has not been met in full; and (2b) the total amount outside contractual arrangements is equivalent to at least 60 days', but less than 90 days', worth of contractual payments.