PET - Plain English Taxonomy

Attribute:	BSAO22191
Concept:	Assets Loans And Receivables Seed Capital Amount
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
JurisdictionDimension	(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.
LifeFundSegmentsDimension	(GeneralFundEliminations)	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. The information reported represents the general fund eliminations of the reporting entity. Report the transactions between the general fund and statutory funds of the reporting life company, or between the general fund and approved benefit funds of the reporting friendly society.The general fund represents the business activities of the entity, other than those within the statutory funds of life companies and approved benefit funds of friendly societies.
ReportingGeographicalLocationDimension	(InAustralia)	This represents the location of the items being reported. The items being reported are physically located in Australia