PET - Plain English Taxonomy

Attribute: BSL11067
Concept:
Label: Secured Deposits, Debt Securities and Loans
Concept Guidance:
This is the value of deposits, debt securities and loans on issue by the reporting party as at the relevant date and which are of a secured nature. This item is to be determined in accordance with the accounting standards.A secured item is typically an item that ranks above other items of the same nature should the company be wound up. 
Dimensions
Dimension Member Description
(SubsidiaryAssociateOrJointVenture)
This dimension categorises reported information based on the type of relationship between two or more counterparties or based on the level of entity consolidation.
Report only where a Subsidiary, Associate or Joint Venture relationship exists.This selection will be applicable where there have been transactions between the reporting superannuation entity and any subsidiaries, associates or joint ventures of the reporting superannuation entity. This includes:- Controlled entities of the approved trustee; and- Joint ventures or associates of the approved trustee.Subsidiary is defined in accordance with the definition provided in the current Australian Accounting Standard relating to consolidated accounts as, 'an entity that is controlled by a parent entity'.Control is defined by the current Australian Accounting Standard relating to consolidated accounts as the capacity of an entity to dominate decision-making, directly or indirectly, in relation to the financial and operating policies of another entity so as to enable that other entity to operate with it in pursuing the objectives of the controlling entity.Capacity is defined by the current Australian Accounting Standard relating to consolidated accounts as meaning ability or power, whether direct or indirect, and includes ability or power that is presently exercisable as a result of, by means of, in breach of, or by revocation of, any of or any combination of the following: (a) trusts;(b) relevant agreements; and (c) practices;whether or not enforceable.Associate is defined in accordance with the definition provided in the current Australian Accounting Standard relating to investments in associates as meaning an investee not being a:(a) subsidiary of the investor; or(b) partnership of the investor; or(c) investment acquired and held exclusively with a view to its disposal in the near future; over which the investor has significant influence. Significant influence is defined in accordance with the definition provided in the current Australian Accounting Standard relating to investments in associates as significant influence as the power to participate in the financial and operating policy decisions of the investee but not to control those policies.A Joint Venture Is defined in accordance with the current Australian Accounting Standard relating to joint ventures, as meaning a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control. A joint venture may take the form of the following: A joint venture entity:Means a joint venture that is in the form of an entity and does not include an entity that:(a) is acquired and held exclusively with a view to its disposal in the near future.(b) operates under severe long-term restrictions that impair significantly its ability to make distributions to the venturer.A Joint venture operation:Means a joint venture that is not in the form of a joint venture entity and it does not include an entity that:(a) is acquired and held exclusively with a view to its disposal in the near future.(b) operates under severe long-term restrictions that impair significantly its ability to make distributions to the venturer.