House Of Representatives
Financial Sector Legislation Amendment (Simplifying Regulation and Review) Bill 2007
Explanatory Memorandum
(Circulated by the authority of the Minister for Revenue and Assistant Treasurer, the Hon Peter Dutton MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| ABN | Australian Business Number |
| ABN Act | A New Tax System (Australian Business Number) Act 1999 |
| ABN Regulations | A New Tax System (Australian Business Number) Regulations 1999 |
| ABR | Australian Business Register |
| ADF | Approved Deposit Fund |
| ADI | Authorised Deposit-taking Institutions |
| AIA | Acts Interpretation Act 1901 |
| APRA | Australian Prudential Regulation Authority |
| APRA Act | Australian Prudential Regulation Authority Act 1998 |
| ASIC | Australian Securities and Investments Commission |
| ASIC Act | Australian Securities and Investments Commission Act 2001 |
| ATO | Australian Taxation Office |
| Banking Act | Banking Act 1959 |
| Banking Regulations | Banking Regulations 1966 |
| CALDB | Companies Auditors and Liquidators Disciplinary Board |
| Corporations Act | Corporations Act 2001 |
| Corporations Regulations | Corporations Regulations 2001 |
| Criminal Code | Criminal Code Act 1995 |
| DBF | Defined Benefit Fund |
| FRLI | Federal Register of Legislative Instruments |
| FSCODA | Financial Sector (Collection of Data) Act 2001 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| Insurance Act | Insurance Act 1973 |
| Insurance Regulations | Insurance Regulations 2002 |
| ISC | Insurance and Superannuation Commission |
| LIA | Legislative Instruments Act 2003 |
| LIASB | Life Insurance Actuarial Standards Board |
| Life Act | Life Insurance Act 1995 |
| Life Regulations | Life Insurance Regulations 1995 |
| NOHC | Non-Operating Holding Company |
| Prudential Acts | Banking Act 1959, Insurance Act 1973, Life Insurance Act 1995, Superannuation Industry (Supervision) Act 1993 |
| PST | Pooled Superannuation Trust |
| RSE | Registrable Superannuation Entity |
| SIS Act | Superannuation Industry (Supervision) Act 1993 |
| SIS Regulations | Superannuation Industry (Supervision) Regulations 1994 |
| SMSF | Self-managed superannuation fund |
| SMSF Taxation Act | Superannuation (Self Managed Superannuation Funds) Taxation Act 1987 |