Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2006 Models-based capital adequacy requirements for ADIs:   2005-06 Australian Prudential Regulation Authority Act 1998
  I, Jim Flaye, a delegate of the Australian Prudential Regulation Authority (APRA), under section 51 of the Australian Prudential Regulation Authority Act 1998 FIX the charges specified in the Schedule.       Dated  25  May 2006   [Signed]   J Flaye Chief Financial Officer          
SCHEDULE   CHARGES FOR SERVICES  
Column 1 Services for which the charge is imposed
Column 2 Amount of the charge
Column 3 Person required to pay the charge
Column 4 When the charge is to be paid
Continued development during the 2005-06 financial year of the supervisory infrastructure and technical capacity required for the introduction of a models-based approach for select ADIs with advanced systems to determine regulatory capital requirements and assessing models for approval.
$742,500 (inclusive of GST) This charge is non-refundable and is payable whether or not the ADI eventually obtains approval for the use of a models-based approach.
·       Australia and New Zealand Banking Group Limited ·       Commonwealth Bank of Australia ·       National Australia Bank Limited ·       Westpac Banking Corporation ·       Macquarie Bank Limited  
14 days after receipt of APRA’s invoice for the charge. The invoice may be issued at any time after the date of this instrument.
$550,000 (inclusive of GST) This charge is non-refundable and is payable whether or not the ADI eventually obtains approval for the use of a models-based approach.
·       St George Bank Limited