PET - Plain English Taxonomy

Attribute: BSAO22190
Concept:
Label: SeedCapitalReceivables
Concept Guidance:
This is the value, as at the relevant date, of receivables classified as seed capital. Seed capital is the preliminary contribution of funding toward the financing of a new business. Commonly this is in the form of a loan, usually provided by a related entity. 
Form-Specifc Guidance:
ThisistobereportedbyfriendlysocietiesonlyforAPRAreportingpurposes.Forfriendlysocietiesthisrelatestothemeansanamounttransferred,withtheapprovalofAPRA,fromthegeneralfundofafriendlysocietytooneofitsapprovedbenefitsfundsforthepurposeofmeetingthecapitalrequirementfortheapprovedbenefitfund.
Dimensions
Dimension Member Description
(Australian)
This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates.
Data reported is within the jurisdictional reach of Australia.
(GeneralFund)
Life companies and friendly societies are required to segregate their business activities into that which is conducted for life insurance and that which is for internal operations of the company. This dimension identifies these business segments.
These are the values associated with the business activities other than that within the statutory funds of life companies and benefit funds of friendly societies.
(InAustralia)
This represents the location of the items being reported.
The items being reported are physically located in Australia