Explanatory Memorandum
(Circulated by authority of the Minister for Revenue and Financial Services, the Hon Kelly O'Dwyer MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| AAT | Administrative Appeals Tribunal |
| AFSL | Australian financial services licensee |
| AGA | Australian Government Actuary |
| AGDRP | Australian Government Disaster Recovery Payment |
| APRA | Australian Prudential Regulation Authority |
| ARPC | Australian Reinsurance Pool Corporation |
| ASIC | Australian Securities and Investments Commission |
| ASX | Australian Securities Exchange |
| CASS | Client Assets Sourcebook |
| CFD | Contract-for-difference |
| Corporations Act | Corporations Act 2001 |
| Corporations Regulations | Corporations Regulations 2001 |
| DGR | Deductible gift recipient |
| DRA | Disaster Recovery Allowance |
| DRP | Ex-gratia Disaster Recovery Payment |
| DTI | Declared Terrorist Incident as defined in the Terrorism Insurance Act 2003 |
| ESS | Employee Share Scheme |
| FCA | Financial Conduct Authority |
| Financial System Inquiry | Financial System Inquiry 2014 (David Murray AO, Chairman) |
| ISA | Ex-gratia Income Support Allowance |
| issuing company | Company which issues the ESS interests under the ESS |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| NBCR | Nuclear, biological, chemical and radiological risks |
| OAIC | Office of the Australian Information Commissioner |
| OECD | Organisation for Economic Co-operation and Development |
| OTC | over-the-counter derivatives |
| Pool Re scheme | Pool Reinsurance Company Limited scheme |
| pre-lodgment year | Issuing company's most recent income year before the year in which the disclosure document is lodged with ASIC |
| Privacy Act | Privacy Act 1988 |
| RIS | Regulation Impact Statement |
| SCV | New Zealand special category visa (subclass 444) |
| Terrorism Insurance Act | Terrorism Insurance Act 2003 |
| the scheme | Terrorism Insurance Scheme |
| Wallis Inquiry | Financial System Inquiry 1997 (Stan Wallis AC, Chairman) |