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. |
|
(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. |
|
(InAustralia) |
This represents the location of the items being reported. |