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PUBLIC GOVERNANCE AND RESOURCES LEGISLATION AMENDMENT BILL (NO. 1) 2015

 

 

 

2013-2014-2015 

 

The Parliament of the 

Commonwealth of Australia 

 

HOUSE OF REPRESENTATIVES 

 

 

 

 

Presented and read a first time 

 

 

 

 

Public Governance and Resources 

Legislation Amendment Bill (No. 1) 2015 

 

No.      , 2015 

 

(Finance) 

 

 

 

A Bill for an Act to amend the law relating to the 

governance, performance and accountability of, 

and the use and management of resources by, the 

Commonwealth, Commonwealth entities and 

Commonwealth companies, and to deal with 

consequential and transitional matters in 

connection with the Public Governance, 

Performance and Accountability Act 2013, and for 

other purposes 

   

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

i 

 

Contents 

Short title ........................................................................................... 2

 

Commencement ................................................................................. 2

 

Schedules ........................................................................................... 2

 

Definitions ......................................................................................... 2

 

Schedule 1--Public Governance, Performance and 

Accountability Act 2013

 

3

 

Part 1--Amendments

 

3

 

Part 2--Application of amendments

 

6

 

Schedule 2--Public Governance, Performance and 

Accountability (Consequential and Transitional 

Provisions) Act 2014

 

7

 

Schedule 3--Bodies ceasing to be bodies corporate

 

9

 

Part 1--Amendments

 

9

 

Clean Energy Regulator Act 2011

 

9

 

Climate Change Authority Act 2011

 

10

 

Part 2--Transitional provisions

 

11

 

Schedule 4--Listed entities

 

12

 

Clean Energy Regulator Act 2011

 

12

 

Climate Change Authority Act 2011

 

12

 

Schedule 5--Consequential amendments relating to the Public 

Governance, Performance and Accountability Act 

2013

 

14

 

Part 1--Amendments

 

14

 

Agricultural and Veterinary Chemicals (Administration) Act 1992

 

14

 

A New Tax System (Goods and Services Tax) Act 1999

 

14

 

Australian National Registry of Emissions Units Act 2011

 

15

 

Australian Securities and Investments Commission Act 2001

 

15

 

Carbon Credits (Carbon Farming Initiative) Act 2011

 

17

 

Clean Energy Regulator Act 2011

 

17

 

 

 

ii 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Climate Change Authority Act 2011

 

19

 

Corporations Act 2001

 

21

 

Financial Framework (Supplementary Powers) Act 1997

 

23

 

Income Tax Assessment Act 1936

 

23

 

Income Tax Assessment Act 1997

 

23

 

Infrastructure Australia Act 2008

 

23

 

National Land Transport Act 2014

 

26

 

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) 

(Transitional Provisions) Act 2014

 

26

 

Ozone Protection and Synthetic Greenhouse Gas Management Act 

1989

 

26

 

Renewable Energy (Electricity) Act 2000

 

27

 

Social Security Act 1991

 

28

 

Social Security (Administration) Act 1999

 

29

 

Student Identifiers Act 2014

 

29

 

Superannuation Guarantee (Administration) Act 1992

 

30

 

Taxation Administration Act 1953

 

30

 

Water Act 2007

 

30

 

Part 2--Transitional and application provisions

 

32

 

Schedule 6--Other amendments

 

34

 

Air Services Act 1995

 

34

 

Auditor-General Act 1997

 

34

 

Australian Trade Commission Act 1985

 

35

 

Future Fund Act 2006

 

37

 

Health Insurance Act 1973

 

45

 

Industrial Chemicals (Notification and Assessment) Act 1989

 

46

 

International Organisations (Privileges and Immunities) Act 1963

 

46

 

Reserve Bank Act 1959

 

47

 

Terrorism Insurance Act 2003

 

50

 

Schedule 7--Other transitional provisions

 

51

 

 

 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

1 

 

A Bill for an Act to amend the law relating to the 

governance, performance and accountability of, 

and the use and management of resources by, the 

Commonwealth, Commonwealth entities and 

Commonwealth companies, and to deal with 

consequential and transitional matters in 

connection with the Public Governance, 

Performance and Accountability Act 2013, and for 

other purposes 

The Parliament of Australia enacts: 

10 

   

   

 

 

2 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

1  Short title 

 

  This Act may be cited as the Public Governance and Resources 

Legislation Amendment Act (No. 1) 2015

2  Commencement 

 

  This Act commences on the day after this Act receives the Royal 

Assent. 

3  Schedules 

 

  Legislation that is specified in a Schedule to this Act is amended or 

repealed as set out in the applicable items in the Schedule 

concerned, and any other item in a Schedule to this Act has effect 

10 

according to its terms. 

11 

4  Definitions 

12 

 

  In this Act: 

13 

reporting period has the meaning given by the Public Governance, 

14 

Performance and Accountability Act 2013

15 

Public Governance, Performance and Accountability Act 2013  Schedule 1 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

3 

 

Schedule 1

--Public Governance, Performance 

and Accountability Act 2013 

Part 1

--Amendments 

1  Section 8 

Insert: 

GST has the same meaning as in the GST Act. 

GST Act means the A New Tax System (Goods and Services Tax) 

Act 1999, as it applies because of Division 177 of that Act. 

Note: 

Under Division 177 of the GST Act, that Act applies notionally to the 

Commonwealth and Commonwealth entities. They are therefore 

10 

notionally liable to pay GST, are notionally entitled to input tax 

11 

credits and notionally have adjustments. 

12 

GST qualifying amount: see subsection 74A(3). 

13 

2  Section 8 (paragraph (b) of the definition of reporting 

14 

period

15 

After "prescribed by", insert "an Act or". 

16 

3  Paragraph 35(1)(a) 

17 

After "corporate plan", insert "(however described)". 

18 

4  Section 73 (paragraph relating to Division 2) 

19 

After "certain amounts", insert "or make payments relating to GST". 

20 

5  After section 74 

21 

Insert: 

22 

74A  Recoverable GST for non-corporate Commonwealth entities 

23 

Recoverable GST on acquisitions 

24 

 

(1)  If: 

25 

 

(a)  a non-corporate Commonwealth entity makes a payment in 

26 

relation to an acquisition; and 

27 

Schedule 1  Public Governance, Performance and Accountability Act 2013 

Part 1  Amendments 

 

 

4 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(b)  the payment is made in reliance on an appropriation that is 

limited as to amount; and 

 

(c)  a GST qualifying amount (see subsection (3)) arises for that 

acquisition; 

then the amount of the GST qualifying amount may be credited to 

the appropriation. 

Recoverable GST on importations 

 

(2)  If: 

 

(a)  a non-corporate Commonwealth entity makes a payment of 

GST on an importation; and 

10 

 

(b)  the payment is made in reliance on an appropriation that is 

11 

limited as to amount; and 

12 

 

(c)  a GST qualifying amount (see subsection (3)) arises for that 

13 

importation; 

14 

then the amount of the GST qualifying amount may be credited to 

15 

the appropriation. 

16 

Meaning of GST qualifying amount 

17 

 

(3)  A GST qualifying amount is: 

18 

 

(a)  an input tax credit (within the meaning of the GST Act); or 

19 

 

(b)  a decreasing adjustment (within the meaning of the GST 

20 

Act). 

21 

When crediting of appropriation takes effect 

22 

 

(4)  The crediting of an amount in accordance with subsection (1) or 

23 

(2) takes effect at the time an entry recording the GST qualifying 

24 

amount is made in the accounts and records of the non-corporate 

25 

Commonwealth entity. 

26 

Rules about GST arrangements 

27 

 

(5)  The rules may prescribe matters relating to GST arrangements for 

28 

non-corporate Commonwealth entities. 

29 

6  Subsection 75(2) 

30 

Repeal the subsection (not including the heading), substitute: 

31 

Public Governance, Performance and Accountability Act 2013  Schedule 1 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

5 

 

 

(2)  The Finance Minister may determine that the operation of one or 

more Schedules to one or more Appropriation Acts is modified in a 

specified way. The modification must be related to the transfer of 

function. 

7  Subsection 75(3) 

Omit "the Schedule concerned were amended", substitute "the 

operation of the Schedule concerned were modified". 

8  Paragraph 95(1)(a) 

After "corporate plan", insert "(however described)". 

Schedule 1  Public Governance, Performance and Accountability Act 2013 

Part 2  Application of amendments 

 

 

6 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Part 2

--Application of amendments 

9  Application of amendments 

(1) 

The amendments made by items 1, 4 and 5 of this Schedule apply in 

relation to payments that are made on or after 1 July 2015. 

(2) 

The amendments made by items 6 and 7 of this Schedule apply to 

determinations made after the commencement of this Schedule in 

relation to transfers of functions occurring before or after that time. 

Public Governance, Performance and Accountability (Consequential and Transitional 

Provisions) Act 2014  Schedule 2 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

7 

 

Schedule 2

--Public Governance, Performance 

and Accountability (Consequential and 

Transitional Provisions) Act 2014 

   

1  Items 2, 4, 5 and 6 of Schedule 1 

Omit "after the commencement time", substitute "on or after 1 July 

2014". 

2  Item 21 of Schedule 1 

After "Commonwealth" (second occurring), insert "before or". 

3  Application of amendment 

10 

The amendment of item 21 of Schedule 1 to the Public Governance, 

11 

Performance and Accountability (Consequential and Transitional 

12 

Provisions) Act 2014 made by this Schedule applies in relation to any 

13 

amounts received by the Commonwealth, whether before or after this 

14 

item commences. 

15 

4  Item 38 of Schedule 2 

16 

Repeal the item. 

17 

5  Subitem 2(1) of Schedule 3 

18 

Repeal the subitem, substitute: 

19 

 

(1)  Despite the repeal of the provisions of the CAC Act referred to in 

20 

subitem (1A), those provisions continue to apply after the 

21 

commencement time in relation to reporting periods that: 

22 

 

(a)  commenced before 1 July 2014; and 

23 

 

(b)  either: 

24 

 

(i)  ended on 30 June 2014; or 

25 

 

(ii)  had not ended on 30 June 2014. 

26 

 

(1A)  For subitem (1), the provisions of the CAC Act are as follows: 

27 

 

(a)  section 9 (which deals with directors preparing annual 

28 

reports); 

29 

 

(b)  section 10 (which deals with modified requirements for a 

30 

Commonwealth authority's first year of existence); 

31 

Schedule 2  Public Governance, Performance and Accountability (Consequential and 

Transitional Provisions) Act 2014 

   

 

 

8 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(c)  section 12 (which deals with auditing a relevant subsidiary's 

financial statements); 

 

(d)  section 14 (which deals with estimates); 

 

(e)  section 36 (which deals with annual reports for 

Commonwealth companies); 

 

(f)  section 37 (which deals with auditing relevant subsidiary's 

financial statements); 

 

(g)  section 39 (which deals with estimates); 

 

(h)  Schedule 1 (which deals with annual report for 

Commonwealth authorities). 

10 

6  Item 16 of Schedule 3 

11 

Repeal the item. 

12 

7  Item 2 of Schedule 14 

13 

Omit "at or after the commencement time", substitute "on or after 

14 

1 July 2014". 

15 

8  Item 5 of Schedule 14 

16 

Omit "under the enabling Act" (last occurring), substitute "under the 

17 

Legislative Instruments Act 2003". 

18 

9  Subitem 6(3) of Schedule 14 

19 

Omit "at or after the commencement time", substitute "on or after 

20 

1 July 2014". 

21 

Bodies ceasing to be bodies corporate  Schedule 3 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

9 

 

Schedule 3

--Bodies ceasing to be bodies 

corporate 

Part 1

--Amendments 

Clean Energy Regulator Act 2011 

1  Section 11 (note) 

Repeal the note, substitute: 

Note 1: 

The Regulator does not have a legal identity separate from the 

Commonwealth. 

Note 2: 

In this Act, Regulator means the Clean Energy Regulator--see 

section 4. 

10 

2  Sections 13 and 14 

11 

Repeal the sections, substitute: 

12 

13  Powers of the Regulator 

13 

 

  The Regulator has power to do all things necessary or convenient 

14 

to be done for or in connection with the performance of its 

15 

functions. 

16 

Note: 

The Chair of the Regulator may enter into contracts and other 

17 

arrangements on behalf of the Commonwealth. See section 23 of the 

18 

Public Governance, Performance and Accountability Act 2013

19 

3  Division 2 of Part 2 (heading) 

20 

Repeal the heading, substitute: 

21 

Division 2--Membership of the Regulator 

22 

4  Section 16 

23 

Repeal the section. 

24 

5  Before section 57 

25 

Insert: 

26 

Schedule 3  Bodies ceasing to be bodies corporate 

Part 1  Amendments 

 

 

10 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

57A  Proceedings in the name of the Regulator 

 

(1)  Proceedings brought by the Commonwealth in relation to the 

functions or powers of the Regulator may be brought in the name 

of the Regulator. 

 

(2)  Proceedings brought against the Commonwealth in relation to the 

functions or powers of the Regulator may be brought against the 

Commonwealth in the name of the Regulator. 

Climate Change Authority Act 2011 

6  Section 10 (note) 

Repeal the note, substitute: 

10 

Note 1: 

The Authority does not have a legal identity separate from the 

11 

Commonwealth. 

12 

Note 2: 

In this Act, Authority means the Climate Change Authority--see 

13 

section 4. 

14 

7  Sections 13 and 14 

15 

Repeal the sections, substitute: 

16 

13  Powers of the Authority 

17 

 

  The Authority has power to do all things necessary or convenient 

18 

to be done for or in connection with the performance of its 

19 

functions. 

20 

Note: 

The CEO may enter into contracts and other arrangements on behalf 

21 

of the Commonwealth. See section 23 of the Public Governance, 

22 

Performance and Accountability Act 2013

23 

8  Division 2 of Part 2 (heading) 

24 

Repeal the heading, substitute: 

25 

Division 2--Membership of the Authority etc. 

26 

9  Subdivision A of Division 2 of Part 2 

27 

Repeal the Subdivision. 

28 

Bodies ceasing to be bodies corporate  Schedule 3 

Transitional provisions  Part 2 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

11 

 

Part 2

--Transitional provisions 

10  Transitional provisions 

Part 2 of Schedule 5 to the Public Governance, Performance and 

Accountability (Consequential and Transitional Provisions) Act 2014 

applies for the purposes of this Schedule as if: 

 

(a)  a reference in that Part to the commencement day were a 

reference to the day this Schedule commences; and 

 

(b)  a reference in that Part to a decorporatised body were a 

reference to: 

 

(i)  the Clean Energy Regulator; or 

10 

 

(ii)  the Climate Change Authority. 

11 

Schedule 4  Listed entities 

   

 

 

12 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Schedule 4

--Listed entities 

   

Clean Energy Regulator Act 2011 

1  Section 11 

Before "The", insert "(1)". 

2  At the end of section 11 

Add: 

 

(2)  For the purposes of the finance law (within the meaning of the 

Public Governance, Performance and Accountability Act 2013): 

 

(a)  the Regulator is a listed entity; and 

10 

 

(b)  the Chair of the Regulator is the accountable authority of the 

11 

Regulator; and 

12 

 

(c)  the following persons are officials of the Regulator: 

13 

 

(i)  the Chair of the Regulator; 

14 

 

(ii)  the other members of the Regulator; 

15 

 

(iii)  the staff of the Regulator referred to in section 36; 

16 

 

(iv)  persons whose services are made available to the 

17 

Regulator under section 37; 

18 

 

(v)  consultants engaged under section 38; and 

19 

 

(d)  the purposes of the Regulator include the functions of the 

20 

Regulator referred to in section 12. 

21 

Climate Change Authority Act 2011 

22 

3  Section 10 

23 

Before "The", insert "(1)". 

24 

4  At the end of section 10 

25 

Add: 

26 

 

(2)  For the purposes of the finance law (within the meaning of the 

27 

Public Governance, Performance and Accountability Act 2013): 

28 

 

(a)  the Authority is a listed entity; and 

29 

Listed entities  Schedule 4 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

13 

 

 

(b)  the CEO is the accountable authority of the Authority; and 

 

(c)  the following persons are officials of the Authority: 

 

(i)  the CEO; 

 

(ii)  an Authority member; 

 

(iii)  an associate Authority member; 

 

(iv)  the staff of the Authority; 

 

(v)  persons whose services are made available to the 

Authority under section 53; 

 

(vi)  consultants engaged under section 54; and 

 

(d)  the purposes of the Authority include the functions of the 

10 

Authority referred to in section 11. 

11 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

14 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Schedule 5

--Consequential amendments 

relating to the Public Governance, 

Performance and Accountability Act 

2013 

Part 1

--Amendments 

Agricultural and Veterinary Chemicals (Administration) Act 

1992 

1  At the end of Division 3 of Part 3 

Add: 

25A  Board members are officials of the APVMA 

10 

 

  For the purposes of the Public Governance, Performance and 

11 

Accountability Act 2013, a Board member is an official (within the 

12 

meaning of that Act) of the APVMA. 

13 

A New Tax System (Goods and Services Tax) Act 1999 

14 

2  Subsection 177-1(5) 

15 

Repeal the subsection, substitute: 

16 

 

(5)  Untaxable Commonwealth entity means a Commonwealth entity 

17 

(within the meaning of the Public Governance, Performance and 

18 

Accountability Act 2013) that cannot be made liable to taxation by 

19 

a law of the Commonwealth. 

20 

3  Section 195-1 (definition of Finance Minister

21 

Omit "Financial Management and Accountability Act 1997", substitute 

22 

"Public Governance, Performance and Accountability Act 2013". 

23 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

15 

 

Australian National Registry of Emissions Units Act 2011 

4  Subsection 93(2) 

Omit "Financial Management and Accountability Act 1997", substitute 

"Public Governance, Performance and Accountability Act 2013". 

Australian Securities and Investments Commission Act 2001 

5  Paragraph 10A(a) 

Omit "Financial Management and Accountability Act 1997", substitute 

"Public Governance, Performance and Accountability Act 2013". 

6  Paragraph 111(1)(e) 

Repeal the paragraph, substitute: 

10 

 

(e)  without reasonable excuse, contravenes section 123 or 125; 

11 

or 

12 

 

(f)  without reasonable excuse, contravenes section 29 of the 

13 

Public Governance, Performance and Accountability Act 

14 

2013 (which deals with the duty to disclose interests) or rules 

15 

made for the purposes of that section. 

16 

7  Section 124 

17 

Repeal the section. 

18 

8  Subsections 136(1) and (2) 

19 

Repeal the subsections, substitute: 

20 

Content of annual report 

21 

 

(1)  The report prepared by the Chairperson and given to the Minister 

22 

under section 46 of the Public Governance, Performance and 

23 

Accountability Act 2013 for a period must include the following: 

24 

 

(a)  information about the exercise during the period of ASIC's 

25 

powers under Part 15 of the Retirement Savings Accounts Act 

26 

1997 and under Part 29 of the Superannuation Industry 

27 

(Supervision) Act 1993

28 

 

(b)  information about ASIC's monitoring and promotion of 

29 

market integrity and consumer protection in relation to: 

30 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

16 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(i)  the Australian financial system; and 

 

(ii)  the provision of financial services; 

 

(c)  in relation to ASIC's functions under subsection 11(14), in 

relation to each agreement or arrangement entered into by 

ASIC under that subsection, information about the activities 

that ASIC has undertaken during the period in accordance 

with that agreement or arrangement; 

 

(d)  information about the operation of the Business Names 

Registration Act 2011 including: 

 

(i)  details of the level of access to the Business Names 

10 

Register using the internet and other facilities; and 

11 

 

(ii)  the timeliness with which ASIC carries out its duties, 

12 

functions and powers under the Act; and 

13 

 

(iii)  the cost of registration of a business name under the 

14 

Act; 

15 

 

(e)  information required to be included in the report by 

16 

regulations under subsection (2A). 

17 

Note: 

Section 34C of the Acts Interpretation Act 1901 contains provisions 

18 

relating to annual reports. 

19 

9  Subsection 136(3) 

20 

Repeal the subsection. 

21 

10  Paragraph 235D(3)(c) 

22 

Repeal the paragraph, substitute: 

23 

 

(c)  include a copy of the advice and of his or her reasons in the 

24 

annual report given by the Chair under section 46 of the 

25 

Public Governance, Performance and Accountability Act 

26 

2013 for the period during which the action is taken. 

27 

11  Paragraph 235F(3)(c) 

28 

Omit "Commonwealth Authorities and Companies Act 1997", substitute 

29 

"Public Governance, Performance and Accountability Act 2013". 

30 

12  Section 235H 

31 

Omit "Financial Management and Accountability Act 1997", substitute 

32 

"Public Governance, Performance and Accountability Act 2013". 

33 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

17 

 

13  Section 235J 

Repeal the section. 

14  Paragraph 236DB(3)(c) 

Repeal the paragraph, substitute: 

 

(c)  include a copy of the advice and of his or her reasons in the 

annual report given by the Chair under section 46 of the 

Public Governance, Performance and Accountability Act 

2013 for the period during which the action is taken. 

15  Paragraph 236DD(3)(c) 

Omit "Commonwealth Authorities and Companies Act 1997", substitute 

10 

"Public Governance, Performance and Accountability Act 2013". 

11 

16  Section 236DF 

12 

Omit "Financial Management and Accountability Act 1997", substitute 

13 

"Public Governance, Performance and Accountability Act 2013". 

14 

17  Section 236DG 

15 

Repeal the section. 

16 

Carbon Credits (Carbon Farming Initiative) Act 2011 

17 

18  Subsection 183(1) (note) 

18 

Repeal the note, substitute: 

19 

Note: 

For the appropriation for the refund, see section 77 of the Public 

20 

Governance, Performance and Accountability Act 2013

21 

19  Subsection 299(2) 

22 

Omit "Financial Management and Accountability Act 1997", substitute 

23 

"Public Governance, Performance and Accountability Act 2013". 

24 

Clean Energy Regulator Act 2011 

25 

20  Section 22 

26 

Repeal the section, substitute: 

27 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

18 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

22  Disclosure of interests 

 

(1)  A disclosure by a member of the Regulator under section 29 of the 

Public Governance, Performance and Accountability Act 2013 

(which deals with the duty to disclose interests) must be made to 

the Minister. 

 

(2)  Subsection (1) applies in addition to any rules made for the 

purposes of that section. 

 

(3) 

For the purposes of this Act and the Public Governance, 

Performance and Accountability Act 2013, a member of the 

Regulator 

is taken not to have complied with section 29 of that Act 

10 

if the member does not comply with subsection (1) of this section. 

11 

21  Section 23 

12 

Repeal the section. 

13 

22  Paragraph 27(2)(d) 

14 

Omit "22 or 23", substitute "29 of the Public Governance, Performance 

15 

and Accountability Act 2013 (which deals with the duty to disclose 

16 

interests) or rules made for the purposes of that section". 

17 

23  Division 7 of Part 2 

18 

Repeal the Division, substitute: 

19 

Division 7--Planning and reporting obligations 

20 

39  Corporate plan 

21 

 

(1)  A corporate plan prepared by the Chair of the Regulator under 

22 

section 35 of the Public Governance, Performance and 

23 

Accountability Act 2013 must include such matters (if any) as the 

24 

Minister requires. 

25 

 

(2)  The Minister may give the Chair written guidelines that are to be 

26 

used by the Chair in deciding whether a matter is covered by 

27 

subsection (1). 

28 

 

(3)  A guideline given under subsection (2) is not a legislative 

29 

instrument. 

30 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

19 

 

40  Annual report 

 

(1)  An annual report prepared by the Chair of the Regulator and given 

to the Minister under section 46 of the Public Governance, 

Performance and Accountability Act 2013 is in addition to a report 

under section 105 of the Renewable Energy (Electricity) Act 2000 

(the REE Act). 

 

(2)  If a report (the REE report) under section 105 of the REE Act 

relating to a calendar year has been presented to the Parliament, the 

report prepared by the Chair and given to the Minister under 

section 46 of the Public Governance, Performance and 

10 

Accountability Act 2013 for a period that ends after the end of the 

11 

calendar year: 

12 

 

(a)  need not deal comprehensively with the working of the REE 

13 

Act during any part of that period that overlaps with the 

14 

calendar year; and 

15 

 

(b)  must include a summary of the REE report, to the extent that 

16 

the REE report deals with the working of the REE Act during 

17 

any part of that period that overlaps with the calendar year. 

18 

24  Paragraph 42(a) 

19 

Omit "Financial Management and Accountability Act 1997", substitute 

20 

"Public Governance, Performance and Accountability Act 2013". 

21 

Climate Change Authority Act 2011 

22 

25  Sections 26 and 27 

23 

Repeal the sections, substitute: 

24 

26  Disclosure of interests to the Climate Change Minister 

25 

 

(1)  A disclosure by an Authority member or an associate Authority 

26 

member under section 29 of the Public Governance, Performance 

27 

and Accountability Act 2013 (which deals with the duty to disclose 

28 

interests) must be made to the Climate Change Minister. 

29 

 

(2)  Subsection (1) applies in addition to any rules made for the 

30 

purposes of that section. 

31 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

20 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(3)  For the purposes of this Act and the Public Governance, 

Performance and Accountability Act 2013, an Authority member 

or an associate Authority member is taken not to have complied 

with section 29 of that Act if the member does not comply with 

subsection (1) of this section. 

26  Paragraph 31(2)(d) 

Repeal the paragraph, substitute: 

 

(d)  the Authority member or associate Authority member fails, 

without reasonable excuse, to comply with section 29 of the 

Public Governance, Performance and Accountability Act 

10 

2013 (which deals with the duty to disclose interests) or rules 

11 

made for the purpose of that section; or 

12 

27  Subsection 36(2) 

13 

Omit "section 27", substitute "any rules made for the purpose of 

14 

section 29 of the Public Governance, Performance and Accountability 

15 

Act 2013 (which deals with the duty to disclose interests)". 

16 

28  Section 48 

17 

Repeal the section, substitute: 

18 

48  Disclosure of interests to the Authority 

19 

 

(1)  A disclosure by the CEO under section 29 of the Public 

20 

Governance, Performance and Accountability Act 2013 (which 

21 

deals with the duty to disclose interests) must be made to the 

22 

Authority. 

23 

 

(2)  Subsection (1) applies in addition to any rules made for the 

24 

purposes of that section. 

25 

 

(3) 

For the purposes of this Act and the Public Governance, 

26 

Performance and Accountability Act 2013, the CEO 

is taken not to 

27 

have complied with section 29 of that Act if the CEO does not 

28 

comply with subsection (1) of this section. 

29 

29  Paragraph 50(2)(c) 

30 

Repeal the paragraph, substitute: 

31 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

21 

 

 

(c)  the CEO fails, without reasonable excuse, to comply with 

section 29 of the Public Governance, Performance and 

Accountability Act 2013 (which deals with the duty to 

disclose interests) or rules made for the purposes of that 

section; or 

30  Division 8 of Part 2 

Repeal the Division, substitute: 

Division 8--Corporate plans 

55  Corporate plan 

 

(1)  A corporate plan prepared by the CEO under section 35 of the 

10 

Public Governance, Performance and Accountability Act 2013 

11 

must include such matters (if any) as the Minister requires. 

12 

 

(2)  The Minister may give the CEO written guidelines that are to be 

13 

used by the CEO in deciding whether a matter is covered by 

14 

subsection (1). 

15 

 

(3)  A guideline given under subsection (2) is not a legislative 

16 

instrument. 

17 

31  Paragraph 58(a) 

18 

Omit "Financial Management and Accountability Act 1997", substitute 

19 

"Public Governance, Performance and Accountability Act 2013". 

20 

Corporations Act 2001 

21 

32  Paragraph 45B(1)(d) 

22 

Repeal the paragraph, substitute: 

23 

 

(d)  it is not one of the following: 

24 

 

(i)  a Commonwealth company for the purposes of the 

25 

Public Governance, Performance and Accountability 

26 

Act 2013

27 

 

(ii)  a subsidiary of a Commonwealth company for the 

28 

purposes of that Act; 

29 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

22 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(iii)  a subsidiary of a corporate Commonwealth entity for the 

purposes of that Act; and 

33  Paragraph 111K(b) 

Repeal the paragraph, substitute: 

 

(b)  is none of the following: 

 

(i)  a Commonwealth company for the purposes of the 

Public Governance, Performance and Accountability 

Act 2013

 

(ii)  a subsidiary of a Commonwealth company for the 

purposes of that Act; 

10 

 

(iii)  a subsidiary of a corporate Commonwealth entity for the 

11 

purposes of that Act. 

12 

34  Paragraph 301(3)(a) 

13 

Repeal the paragraph, substitute: 

14 

 

(a)  the company is not one of the following: 

15 

 

(i)  a Commonwealth company for the purposes of the 

16 

Public Governance, Performance and Accountability 

17 

Act 2013

18 

 

(ii)  a subsidiary of a Commonwealth company for the 

19 

purposes of that Act; 

20 

 

(iii)  a subsidiary of a corporate Commonwealth entity for the 

21 

purposes of that Act; and 

22 

35  Paragraph 601AE(1A)(a) 

23 

Omit "Special Account (within the meaning of section 5 of the 

24 

Financial Management and Accountability Act 1997", substitute 

25 

"special account (within the meaning of the Public Governance, 

26 

Performance and Accountability Act 2013". 

27 

36  Subparagraph 601AE(1A)(b)(ii) 

28 

Omit "Special Account (within the meaning of section 5 of the 

29 

Financial Management and Accountability Act 1997", substitute 

30 

"special account (within the meaning of the Public Governance, 

31 

Performance and Accountability Act 2013". 

32 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

23 

 

Financial Framework (Supplementary Powers) Act 1997 

37  Section 5 (definition of Finance Minister

Omit "this Act", substitute "the Public Governance, Performance and 

Accountability Act 2013". 

Income Tax Assessment Act 1936 

38  Subsection 159ZR(1) (definition of eligible income

Omit "section 33 of the Financial Management and Accountability Act 

1997", substitute "section 65 of the Public Governance, Performance 

and Accountability Act 2013 (which deals with act of grace payments 

by the Commonwealth)". 

10 

39  Subsection 160AAA(1) (paragraph (f) of the definition of 

11 

rebatable benefit

12 

Omit "section 33 of the Financial Management and Accountability Act 

13 

1997", substitute "section 65 of the Public Governance, Performance 

14 

and Accountability Act 2013 (which deals with act of grace payments 

15 

by the Commonwealth)". 

16 

Income Tax Assessment Act 1997 

17 

40  Subsection 995-1(1) (definition of Finance Minister

18 

Omit "section 1 of the Financial Management and Accountability Act 

19 

1997", substitute "the Public Governance, Performance and 

20 

Accountability Act 2013". 

21 

Infrastructure Australia Act 2008 

22 

41  Section 3 (definition of Finance Minister

23 

Omit "Financial Management and Accountability Act 1997", substitute 

24 

"Public Governance, Performance and Accountability Act 2013". 

25 

42  Subsection 4(2) (note) 

26 

Repeal the note, substitute: 

27 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

24 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Note: 

The Public Governance, Performance and Accountability Act 2013 

applies to Infrastructure Australia. That Act deals with matters relating 

to corporate Commonwealth entities, including reporting and the use 

and management of public resources. 

43  Subsection 18(2) 

Repeal the subsection, substitute: 

 

(2)  The Minister may terminate the appointment of a member if the 

member: 

 

(a)  becomes bankrupt; or 

 

(b)  takes steps to take the benefit of any law for the relief of 

10 

bankrupt or insolvent debtors; or 

11 

 

(c)  compounds with one or more of his or her creditors; or 

12 

 

(d)  makes an assignment of his or her remuneration for the 

13 

benefit of one or more of his or her creditors. 

14 

Note: 

The appointment of a member may also be terminated under 

15 

section 30 of the Public Governance, Performance and Accountability 

16 

Act 2013 (which deals with terminating the appointment of an 

17 

accountable authority, or a member of an accountable authority, for 

18 

contravening general duties of officials). 

19 

44  Paragraph 21(2)(a) 

20 

Omit "section 27J of the Commonwealth Authorities and Companies 

21 

Act 1997", substitute "rules made for the purposes of section 29 of the 

22 

Public Governance, Performance and Accountability Act 2013". 

23 

45  Section 34 

24 

Repeal the section, substitute: 

25 

34  Disclosure of interests 

26 

 

(1)  A disclosure by the CEO under section 29 of the Public 

27 

Governance, Performance and Accountability Act 2013 (which 

28 

deals with the duty to disclose interests) must be made to the 

29 

Board. 

30 

 

(2)  Subsection (1) applies in addition to any rules made for the 

31 

purposes of that section. 

32 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

25 

 

 

(3)  For the purposes of this Act and the Public Governance, 

Performance and Accountability Act 2013, the CEO is taken not to 

have complied with section 29 of that Act if the CEO does not 

comply with subsection (1) of this section. 

46  Sections 39B and 39C 

Repeal the sections, substitute: 

39B  Corporate plan 

 

  In preparing or varying a corporate plan under section 35 of the 

Public Governance, Performance and Accountability Act 2013, the 

Board must consult with: 

10 

 

(a)  the Minister; and 

11 

 

(b)  such of the following as it considers appropriate: 

12 

 

(i)  government, commercial, industrial, consumer and other 

13 

relevant bodies and organisations; 

14 

 

(ii)  investors in infrastructure and owners of infrastructure. 

15 

39C  Annual report 

16 

 

  The annual report prepared by the Board and given to the Minister 

17 

under section 46 of the Public Governance, Performance and 

18 

Accountability Act 2013 for a period must also include details of 

19 

any directions given to Infrastructure Australia by the Minister 

20 

under subsection 6(1) of this Act during the period. 

21 

47  Subsection 39DA(2) 

22 

Repeal the subsection, substitute: 

23 

 

(2)  Subsection (1) does not prevent investment, under section 59 of the 

24 

Public Governance, Performance and Accountability Act 2013, of 

25 

money that is not immediately required for the purposes of 

26 

Infrastructure Australia. 

27 

48  Subsections 39DB(2), (3) and (4) 

28 

Repeal the subsections. 

29 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

26 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

National Land Transport Act 2014 

49  Subsection 4(1) (definition of non-corporate 

Commonwealth entity) 

Repeal the definition, substitute: 

non-corporate Commonwealth entity has the same meaning as in 

the Public Governance, Performance and Accountability Act 2013

Note: 

Section 51A deals with funding arrangements with non-corporate 

Commonwealth entities. 

Ozone Protection and Synthetic Greenhouse Gas (Import 

Levy) (Transitional Provisions) Act 2014 

10 

50  Section 6 (note) 

11 

Repeal the note, substitute: 

12 

Note: 

For the appropriation for the refund, see section 77 of the Public 

13 

Governance, Performance and Accountability Act 2013

14 

Ozone Protection and Synthetic Greenhouse Gas 

15 

Management Act 1989 

16 

51  Subsection 65B(2) 

17 

Repeal the subsection, substitute: 

18 

 

(2)  The Account is a special account for the purposes of the Public 

19 

Governance, Performance and Accountability Act 2013

20 

52  Subsections 65C(2) and (3) 

21 

Repeal the subsections, substitute: 

22 

Notional payments and receipts by non-corporate Commonwealth 

23 

entities 

24 

 

(2)  If: 

25 

 

(a)  either: 

26 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

27 

 

 

(i)  a non-corporate Commonwealth entity makes a notional 

payment to another non-corporate Commonwealth 

entity; or 

 

(ii)  one part of a non-corporate Commonwealth entity 

makes a notional payment to another part of that entity; 

and 

 

(b)  the transaction would involve the debiting of an 

appropriation if the notional payment were a real payment; 

then: 

 

(c)  this section applies in relation to the notional payment as if it 

10 

were a real payment; and 

11 

 

(d)  this section applies in relation to the notional receipt of the 

12 

notional payment as if it were a real receipt. 

13 

Note: 

This subsection applies to transactions that do not actually involve 

14 

payments or receipts, because the parties to the transaction 

15 

(non-corporate Commonwealth entities) are merely parts of the 

16 

Commonwealth. 

17 

 

(3)  In subsection (2): 

18 

non-corporate Commonwealth entity has the same meaning as in 

19 

the Public Governance, Performance and Accountability Act 2013

20 

Renewable Energy (Electricity) Act 2000 

21 

53  Subsection 5(1) 

22 

Insert: 

23 

Finance Minister means the Minister administering the Public 

24 

Governance, Performance and Accountability Act 2013

25 

54  Subsection 5(1) (definition of Minister for Finance

26 

Repeal the definition. 

27 

55  Subsection 30R(2) 

28 

Omit "Special Account for the purposes of the Financial Management 

29 

and Accountability Act 1997", substitute "special account for the 

30 

purposes of the Public Governance, Performance and Accountability 

31 

Act 2013". 

32 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

28 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

56  Section 30S (note) 

Omit "Special Account" (wherever occurring), substitute "special 

account". 

57  Section 30T (note) 

Repeal the note, substitute: 

Note: 

See section 80 of the Public Governance, Performance and 

Accountability Act 2013 (which deals with special accounts). 

58  Subsection 42(2) 

Omit "Minister for Finance", substitute "Finance Minister". 

59  Subsection 42(4) (definition of Commonwealth

10 

Repeal the definition, substitute: 

11 

Commonwealth includes a Commonwealth entity (within the 

12 

meaning of the Public Governance, Performance and 

13 

Accountability Act 2013) that cannot be made liable to taxation by 

14 

a Commonwealth law. 

15 

Social Security Act 1991 

16 

60  Subsections 1061PAAA(2) and 1061PAAB(3) (note) 

17 

Repeal the note. 

18 

61  Section 1061PAAE 

19 

Repeal the section, substitute: 

20 

1061PAAE  Department official 

21 

 

  For the purposes of this Division, Department official means a 

22 

person: 

23 

 

(a)  who: 

24 

 

(i)  is an official (within the meaning of the Public 

25 

Governance, Performance and Accountability Act 2013

26 

of the Department; or 

27 

 

(ii)  is a Departmental employee (within the meaning of the 

28 

Human Services (Centrelink) Act 1997); and 

29 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

29 

 

 

(b)  whose duties consist of, or include, matters relating to 

Australian Government Disaster Recovery Payments. 

Social Security (Administration) Act 1999 

62  Subsection 123ZM(4) (note) 

Repeal the note, substitute: 

Note: 

Subsection 56(1) of the Public Governance, Performance and 

Accountability Act 2013 provides that an agreement for the borrowing 

of money by the Commonwealth is of no effect unless the borrowing 

is expressly authorised by or under an Act. 

Student Identifiers Act 2014 

10 

63  Subsection 48(2) 

11 

Omit "Special Account for the purposes of the Financial Management 

12 

and Accountability Act 1997", substitute "special account for the 

13 

purposes of the Public Governance, Performance and Accountability 

14 

Act 2013". 

15 

64  Section 49 (note 1) 

16 

Omit "Special Account" (wherever occurring), substitute "special 

17 

account". 

18 

65  Section 49 (note 2) 

19 

Omit "section 39 of the Financial Management and Accountability Act 

20 

1997, but such investments may only be made by the Finance Minister, 

21 

the Treasurer, or a delegate under section 62 or 62A of that Act", 

22 

substitute "section 58 of the Public Governance, Performance and 

23 

Accountability Act 2013". 

24 

66  Section 50 (note) 

25 

Repeal the note, substitute: 

26 

Note: 

See section 80 of the Public Governance, Performance and 

27 

Accountability Act 2013 (which deals with special accounts)

28 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 1  Amendments 

 

 

30 

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2015 

No.      , 2015 

 

Superannuation Guarantee (Administration) Act 1992 

67  Subsection 5(5) (definition of Commonwealth entity

Repeal the definition, substitute: 

Commonwealth entity means a Commonwealth entity (within the 

meaning of the Public Governance, Performance and 

Accountability Act 2013) that cannot be made liable to taxation by 

a Commonwealth law. 

68  Subsection 5(5) (definition of Finance Minister

Omit "Financial Management and Accountability Act 1997", substitute 

"Public Governance, Performance and Accountability Act 2013". 

10 

Taxation Administration Act 1953 

11 

69  Subsection 15B(4) (note) 

12 

Repeal the note. 

13 

70  Subsection 15B(9) 

14 

Omit "section 47 of the Financial Management and Accountability Act 

15 

1997", substitute "any rules made for the purposes of paragraph 103(c) 

16 

of the Public Governance, Performance and Accountability Act 2013". 

17 

71  Subsections 15C(2) and (3) (note) 

18 

Repeal the note. 

19 

72  Subsection 15D(8) 

20 

Omit "Financial Management and Accountability Act 1997) who is in 

21 

the Australian Taxation Office or is part of the Australian Taxation 

22 

Office", substitute "Public Governance, Performance and 

23 

Accountability Act 2013) of the Australian Taxation Office". 

24 

Water Act 2007 

25 

73  At the end of Division 4 of Part 9 

26 

Add: 

27 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Amendments  Part 1 

 

 

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208A  Chief Executive is accountable authority 

 

  Despite subsection 12(2) of the Public Governance, Performance 

and Accountability Act 2013, the Chief Executive is the 

accountable authority of the Authority for the purposes of that Act. 

Schedule 5  Consequential amendments relating to the Public Governance, Performance 

and Accountability Act 2013 

Part 2  Transitional and application provisions 

 

 

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No.      , 2015 

 

Part 2

--Transitional and application provisions 

74  Corporate and strategic plans 

An amendment made by an item of this Schedule that relates to a 

corporate plan or a strategic plan (however described) applies in relation 

to reporting periods that commence on or after 1 July 2015. 

75  Annual reports 

An amendment made by an item of the Schedule that relates to an 

annual report applies in relation to reporting periods that commence on 

or after 1 July 2014. 

76  Disclosing interests 

10 

(1) 

This item applies if: 

11 

 

(a)  before this item commences, a person discloses an interest in 

12 

accordance with a provision in an Act; and 

13 

 

(b)  the provision is: 

14 

 

(i)  amended; or 

15 

 

(ii)  repealed; or 

16 

 

(iii)  repealed and substituted; 

17 

 

  by an item of this Schedule. 

18 

(2) 

The person is taken to have disclosed the interest in accordance with 

19 

section 29 of the Public Governance, Performance and Accountability 

20 

Act 2013 and rules made for the purposes of that section. 

21 

77  Saving instruments in force at commencement 

22 

(1) 

This item applies if: 

23 

 

(a)  a provision of an Act provides that an instrument (whether or 

24 

not a legislative instrument) may be made under, or for the 

25 

purposes of, the provision; and 

26 

 

(b)  an instrument made under, or for the purposes of, the 

27 

provision is in force immediately before the commencement 

28 

of this Schedule; and 

29 

 

(c)  the provision is: 

30 

 

(i)  amended; or 

31 

Consequential amendments relating to the Public Governance, Performance and 

Accountability Act 2013  Schedule 5 

Transitional and application provisions  Part 2 

 

 

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(ii)  repealed and substituted; 

 

  by an item of this Schedule; and 

 

(d)  after the provision has been amended or repealed and 

substituted, the provision still provides in the same or similar 

terms that an instrument may be made under, or for the 

purposes of, the provision. 

(2) 

If the provision is amended, the amendment referred to in 

subparagraph (1)(c)(i) does not affect the continuity of the instrument. 

(3) 

If the provision is repealed and substituted, the instrument is taken, after 

the commencement of this Schedule, to have been made under, or for 

10 

the purposes of, the provision as substituted. 

11 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

Schedule 6

--Other amendments 

   

Air Services Act 1995 

1  Paragraph 50(1)(c) 

Repeal the paragraph, substitute: 

 

(c)  acquisition by AA of goods or services; 

2  Subsection 50(4) (definition of hedging purposes

Repeal the definition, substitute: 

hedging purposes means reducing or eliminating risks of adverse 

financial consequences to AA, and includes the following: 

10 

 

(a)  reducing or eliminating the risk of adverse variations in: 

11 

 

(i)  the costs in relation to money raising by AA; or 

12 

 

(ii)  the revenue obtainable by AA; or 

13 

 

(iii)  the costs in relation to acquiring goods or services by 

14 

AA; 

15 

 

(b)  maintaining the value of: 

16 

 

(i)  investments made by AA; or 

17 

 

(ii)  property used as security for money raising, or proposed 

18 

money raising, by AA. 

19 

Auditor-General Act 1997 

20 

3  Subsection 36(3) 

21 

Repeal the subsection, substitute: 

22 

 

(3)  A person commits an offence if: 

23 

 

(a)  the person receives any of the following: 

24 

 

(i)  a proposed report (including a draft) under section 19; 

25 

 

(ii)  any other report (including a draft) created for the 

26 

purposes of preparing a proposed report under 

27 

section 19; 

28 

 

(iii)  an extract from a report referred to in this paragraph; 

29 

and 

30 

Other amendments  Schedule 6 

   

 

 

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35 

 

 

(b)  the person discloses any information in the report or extract. 

Penalty:  Imprisonment for 2 years. 

 

(4)  Subsection (3) does not apply if the Auditor-General has consented 

to the disclosure. 

Note: 

A defendant bears an evidential burden in relation to a matter in 

subsection (4): see subsection 13.3(3) of the Criminal Code

4  Application of amendment 

The amendment of the Auditor-General Act 1997 made by this 

Schedule applies in relation to any disclosure of information, in a report 

or extract, that occurs after this item commences, whether the report or 

10 

extract was received before or after this item commences. 

11 

Australian Trade Commission Act 1985 

12 

5  Section 8 

13 

Before "The functions", insert "(1)". 

14 

6  At the end of subparagraphs 8(a)(i) to (viii) 

15 

Add "and". 

16 

7  At the end of section 8 

17 

Add: 

18 

 

(2)  Without limiting subsection (1), the functions of the CEO include 

19 

developing and administering policies relating to tourism 

20 

(including domestic tourism). 

21 

 

(3)  The CEO may perform his or her functions under subsection (2) to 

22 

the extent only that they are not in excess of the functions that may 

23 

be conferred on the CEO by virtue of any of the legislative powers 

24 

of the Parliament, and, in particular, may perform his or her 

25 

functions under that subsection: 

26 

 

(a)  for purposes related to external affairs; and 

27 

 

(b)  in the course of, or in relation to, trade and commerce with 

28 

other countries, among the States, between Territories or 

29 

between a Territory and a State; and 

30 

 

(c)  for purposes related to a Territory; and 

31 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

 

(d)  by means of a communication using a postal, telegraphic, 

telephonic or other like service within the meaning of 

paragraph 51(v) of the Constitution; and 

 

(e)  for purposes related to the collection, compilation, analysis, 

use and dissemination of statistics; and 

 

(f)  for purposes related to a corporation to which 

paragraph 51(xx) of the Constitution applies; and 

 

(g)  for purposes related to lighthouses, lightships, beacons and 

buoys; and 

 

(h)  for purposes related to matters incidental to the execution of 

10 

the legislative powers of the Parliament or the executive 

11 

power of the Commonwealth; and 

12 

 

(i)  for purposes related to a Commonwealth place within the 

13 

meaning of the Commonwealth Places (Application of Laws) 

14 

Act 1970; and 

15 

 

(j)  for purposes related to the executive power of the 

16 

Commonwealth; and 

17 

 

(k)  for purposes related to the granting of financial assistance to 

18 

a State on such terms and conditions as the Parliament thinks 

19 

fit; and 

20 

 

(l)  for purposes related to matters that are peculiarly adapted to 

21 

the government of a nation and that cannot otherwise be 

22 

carried on for the benefit of the nation; and 

23 

 

(m)  by way of providing a service, if the provision of the service 

24 

utilises the CEO's spare capacity and does not impede the 

25 

CEO's capacity to perform his or her other functions. 

26 

8  Subsection 9(1) 

27 

After "functions", insert "under subsection 8(1)". 

28 

9  Paragraph 9(2)(b) 

29 

Repeal the paragraph, substitute: 

30 

 

(b)  have regard to the need to provide services as efficiently and 

31 

economically as possible; and 

32 

 

(c)  in relation to his or her functions under subsection 8(1), have 

33 

regard to: 

34 

 

(i)  the desirability of improving and extending the range 

35 

and accessibility of advice, assistance and financial 

36 

Other amendments  Schedule 6 

   

 

 

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37 

 

support available (whether through the Commission and 

the CEO or otherwise) to persons involved, or likely to 

be involved, either directly or indirectly, in trade 

between Australia and foreign countries; and 

 

(ii)  Australia's obligations under international agreements. 

Future Fund Act 2006 

10  Section 5 

Insert: 

civil penalty provision has the meaning given by the Regulatory 

Powers (Standard Provisions) Act 2014. 

10 

11  Section 5 (definition of Commonwealth authority

11 

Repeal the definition. 

12 

12  Section 5 

13 

Insert: 

14 

corporate Commonwealth entity has the meaning given by the 

15 

Public Governance, Performance and Accountability Act 2013

16 

disqualifiable position means a position as: 

17 

 

(a)  a Board member; or 

18 

 

(b)  an accountable authority or a member of an accountable 

19 

authority of a corporate Commonwealth entity. 

20 

13  Section 5 (definition of involved

21 

Repeal the definition. 

22 

14  Section 5 

23 

Insert: 

24 

relevant court means: 

25 

 

(a)  the Federal Court of Australia; or 

26 

 

(b)  a Supreme Court of a State or Territory. 

27 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

15  Before section 56 

Insert: 

Subdivision A--Civil obligations and criminal offences 

16  Subsection 56(1) (note) 

Repeal the note, substitute: 

Note: 

This is a civil penalty provision which is enforced under the 

Regulatory Powers (Standard Provisions) Act 2014 (see Subdivision 

C of this Division). 

Civil penalty: 

2,000 penalty units. 

17  Sections 57 to 59 

10 

Repeal the sections, substitute: 

11 

57  Good faith--civil obligation 

12 

 

  A Board member must exercise his or her powers and discharge his 

13 

or her duties: 

14 

 

(a)  in good faith in the best interests of performing the functions 

15 

of the Board; and 

16 

 

(b)  for a proper purpose. 

17 

Note: 

This is a civil penalty provision which is enforced under the 

18 

Regulatory Powers (Standard Provisions) Act 2014 (see Subdivision 

19 

C of this Division). 

20 

Civil penalty: 

2,000 penalty units. 

21 

58  Use of position--civil obligation 

22 

 

  A Board member or a member of the staff of the Agency must not 

23 

improperly use his or her position to: 

24 

 

(a)  gain an advantage for himself or herself or someone else; or 

25 

 

(b)  cause detriment to the Board's ability to perform its 

26 

functions; or 

27 

 

(c)  cause detriment to another person. 

28 

Note: 

This is a civil penalty provision which is enforced under the 

29 

Regulatory Powers (Standard Provisions) Act 2014 (see Subdivision 

30 

C of this Division). 

31 

Other amendments  Schedule 6 

   

 

 

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39 

 

Civil penalty: 

2,000 penalty units. 

59  Use of information--civil obligation 

 

  A person who obtains information because he or she is, or has 

been, a Board member or a member of the staff of the Agency must 

not improperly use the information to: 

 

(a)  gain an advantage for himself or herself or someone else; or 

 

(b)  cause detriment to the Board's ability to perform its 

functions; or 

 

(c)  cause detriment to another person. 

Note 1: 

This duty continues after the person stops being a Board member or a 

10 

member of the staff of the Agency. 

11 

Note 2: 

This is a civil penalty provision which is enforced under the 

12 

Regulatory Powers (Standard Provisions) Act 2014 (see Subdivision 

13 

C of this Division). 

14 

Civil penalty: 

2,000 penalty units. 

15 

18  Before section 63 

16 

Insert: 

17 

Subdivision B--Other provisions relating to civil penalty 

18 

provisions and criminal offences 

19 

19  Section 66 

20 

Repeal the section, substitute: 

21 

66  Finance Minister requiring person to assist 

22 

 

(1)  The Finance Minister may require a person to give all reasonable 

23 

assistance in connection with an application (the civil penalty 

24 

application) under the Regulatory Powers (Standard Provisions) 

25 

Act 2014 for a civil penalty order (within the meaning of that Act) 

26 

in relation to a contravention of a civil penalty provision in this 

27 

Act. 

28 

 

(2)  A person commits an offence if: 

29 

 

(a)  the person is required to give assistance under subsection (1); 

30 

and 

31 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

 

(b)  the person does not comply with the requirement. 

Penalty:  5 penalty units. 

 

(3)  The Finance Minister may require the person to assist in 

connection with a civil penalty application in relation to a civil 

penalty provision if, and only if: 

 

(a)  it appears to the Finance Minister that someone other than the 

person required to assist may have contravened the civil 

penalty provision; and 

 

(b)  the Finance Minister suspects or believes that the person 

required to assist can give information relevant to the 

10 

application. 

11 

 

(4)  The Finance Minister may require the person to assist regardless of 

12 

whether a civil penalty application has actually been made. 

13 

 

(5)  The person may not be required to assist if he or she is or has been 

14 

a lawyer for the person suspected of the contravention. 

15 

 

(6)  The requirement to assist must be given in writing. 

16 

 

(7)  A relevant court may order the person to comply with the 

17 

requirement in a specified way. Only the Finance Minister may 

18 

apply to the court for an order under this subsection

19 

20  At the end of Division 7 of Part 4 

20 

Add: 

21 

Subdivision C--Consequences of breach of duty 

22 

67A  Consequences of breach of duty--civil penalty provisions 

23 

 

(1)  The following provisions of this Act are enforceable under Part 4 

24 

of the Regulatory Powers (Standard Provisions) Act 2014 (the 

25 

Regulatory Powers Act): 

26 

 

(a)  subsection 56(1) (care and diligence); 

27 

 

(b)  section 57 (good faith); 

28 

 

(c)  section 58 (use of position); 

29 

 

(d)  section 59 (use of information). 

30 

Other amendments  Schedule 6 

   

 

 

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Note: 

Part 4 of the Regulatory Powers Act allows a civil penalty provision to 

be enforced by obtaining an order for a person to pay a pecuniary 

penalty for the contravention of the provision. 

 

(2)  For the purposes of Part 4 of the Regulatory Powers Act, as it 

applies in relation to the civil penalty provisions mentioned in 

subsection (1): 

 

(a)  the Finance Minister is an authorised applicant; and 

 

(b)  the Federal Court of Australia and each Supreme Court of a 

State or Territory is a relevant court. 

 

(3)  Despite subsection 82(3) of the Regulatory Powers Act, a relevant 

10 

court may order a person to pay to the Commonwealth a pecuniary 

11 

penalty only if: 

12 

 

(a)  the court is satisfied that the person has contravened the civil 

13 

penalty provision; and 

14 

 

(b)  the contravention: 

15 

 

(i)  materially prejudices the interests of the Board; or 

16 

 

(ii)  materially prejudices the ability of the Board to pay its 

17 

creditors; or 

18 

 

(iii)  is serious. 

19 

 

(4)  Subsection (3) of this section does not limit subsection 82(6) of the 

20 

Regulatory Powers Act. 

21 

 

(5)  The following provisions of the Regulatory Powers Act do not 

22 

apply in relation to sections 56 to 59 of this Act: 

23 

 

(a)  paragraph 92(1)(a) and subsection 92(2) to the extent that it 

24 

relates to that paragraph (which deal with ancillary 

25 

contraventions of civil penalty provisions); 

26 

 

(b)  section 94 (which deals with state of mind); 

27 

 

(c)  section 96 (which deals with exceptions etc. to civil penalty 

28 

provisions--burden of proof). 

29 

 

(6)  Paragraph (5)(c) of this section does not affect the operation of 

30 

sections 56 to 59 of this Act as those sections would have operated 

31 

if section 96 of the Regulatory Powers Act had not been enacted. 

32 

 

(7)  The Board may intervene in an application under section 82 of the 

33 

Regulatory Powers Act in relation to this Act. The Board is entitled 

34 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

to be heard on all matters other than whether the application should 

be granted. 

67B  Compensation orders 

Compensation for damage suffered 

 

(1)  A relevant court may order a person to compensate the Board for 

damage suffered by the Board if: 

 

(a)  the person has contravened a civil penalty provision in this 

Act; and 

 

(b)  the damage resulted from the contravention. 

The order must specify the amount of the compensation. 

10 

Damage includes profits 

11 

 

(2)  In determining the damage suffered by the Board for the purposes 

12 

of making a compensation order, include profits made by any 

13 

person resulting from the contravention. 

14 

Recovery of damage 

15 

 

(3)  A compensation order may be enforced as if it were a judgment of 

16 

the court. 

17 

Who may apply for a compensation order 

18 

 

(4)  An application for a compensation order may only be made by the 

19 

following persons: 

20 

 

(a)  the Finance Minister; 

21 

 

(b)  some other person authorised in writing by the Finance 

22 

Minister under this paragraph to make the application; 

23 

 

(c)  the Board. 

24 

67C  Disqualification order for contravention of civil penalty 

25 

provision by Board members 

26 

 

(1)  A relevant court may disqualify a Board member from holding a 

27 

disqualifiable position for a period that the court considers 

28 

appropriate if: 

29 

 

(a)  any of the following apply: 

30 

Other amendments  Schedule 6 

   

 

 

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(i)  a court orders the Board member to pay a pecuniary 

penalty under section 82 of the Regulatory Powers 

(Standard Provisions) Act 2014 for contravening a civil 

penalty provision in this Act; 

 

(ii)  a court orders the Board member to compensate the 

Board under section 67B of this Act; 

 

(iii)  the relevant court is otherwise satisfied that a Board 

member has contravened a civil penalty provision in this 

Act; and 

 

(b)  the court is satisfied that the disqualification is justified. 

10 

 

(2)  An application for a disqualification order under subsection (1) 

11 

may only be made by the following persons: 

12 

 

(a)  the Finance Minister; 

13 

 

(b)  some other person authorised in writing by the Finance 

14 

Minister, under this paragraph, to make the application. 

15 

An authorisation for the purposes of paragraph (b) may relate to 

16 

applications in relation to specified contraventions, or to all 

17 

contraventions, of civil penalty provisions. 

18 

 

(3)  In determining whether the disqualification is justified, the court 

19 

may have regard to: 

20 

 

(a)  the person's conduct as a Board member; and 

21 

 

(b)  any other matters that the court considers appropriate. 

22 

Offence for contravening disqualification order 

23 

 

(4)  A person commits an offence if: 

24 

 

(a)  such a disqualification is in force against the person; and 

25 

 

(b)  the person holds a disqualifiable position. 

26 

Note: 

A person might not commit an offence if the person holds, with leave 

27 

of the court, a disqualifiable position (see section 67D). 

28 

Penalty:  Imprisonment for 1 year. 

29 

67D  Exception to disqualification order 

30 

 

(1)  Subsection 67C(4) does not apply if the person holds a 

31 

disqualifiable position with the leave of a relevant court. 

32 

Schedule 6  Other amendments 

   

 

 

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No.      , 2015 

 

Note: 

A defendant bears an evidential burden in relation to the matter in 

subsection (1) (see subsection 13.3(3) of the Criminal Code). 

 

(2)  When granting leave under subsection (1), the court may impose 

conditions or restrictions that the court considers appropriate. 

 

(3)  A person commits an offence if: 

 

(a)  a condition or restriction is imposed under subsection (2) in 

relation to a person; and 

 

(b)  the person contravenes the condition or restriction. 

Penalty:  Imprisonment for 1 year. 

 

(4)  A person may apply for leave under subsection (1) only if he or she 

10 

has given the Finance Minister at least 21 days' notice of the 

11 

application. 

12 

 

(5)  On the application of the Finance Minister, the court may revoke 

13 

leave granted under subsection (1). 

14 

67E  Relief from liability for contravention of civil penalty provision 

15 

etc. 

16 

 

(1)  A relevant court may relieve a person (either wholly or partly) 

17 

from a liability to which the person would otherwise be subject, or 

18 

that might otherwise be imposed on the person, if: 

19 

 

(a)  proceedings referred to in subsection (5) are brought against 

20 

the person; and 

21 

 

(b)  in the proceedings it appears to the court that: 

22 

 

(i)  the person has or may have contravened a civil penalty 

23 

provision, or the person is or may be liable in relation to 

24 

the negligence, default or breach, but the person has 

25 

acted honestly; and 

26 

 

(ii)  having regard to all the circumstances of the case, the 

27 

person ought fairly to be excused for the contravention, 

28 

negligence, default or breach. 

29 

 

(2)  A person who thinks that proceedings referred to in subsection (5) 

30 

will or may be commenced against him or her may apply to a 

31 

relevant court for relief. 

32 

Other amendments  Schedule 6 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

45 

 

 

(3)  On an application under subsection (2), the court may grant relief 

under subsection (1) as if proceedings referred to in subsection (5) 

had been commenced in the court. 

 

(4)  For the purposes of subsection (1) as it applies for the purposes of 

a case tried by a judge with a jury: 

 

(a)  a reference in that subsection to the court is a reference to the 

judge; and 

 

(b)  the relief that may be granted includes withdrawing the case 

in whole or in part from the jury and directing judgment to be 

entered for the defendant on such terms as to costs as the 

10 

judge thinks appropriate. 

11 

 

(5)  The proceedings referred to in this subsection: 

12 

 

(a)  are: 

13 

 

(i)  proceedings in relation to a contravention of a civil 

14 

penalty provision in this Act (including proceedings for 

15 

a compensation order under section 67B); or 

16 

 

(ii)  civil proceedings for negligence, default, breach of trust 

17 

or breach of duty in a person's capacity as a Board 

18 

member or a member of staff of the Agency; and 

19 

 

(b)  do not include proceedings for an offence against this Act 

20 

(except to the extent that the proceedings relate to the 

21 

question of whether the court should make an order under 

22 

section 67B). 

23 

21  Application of amendments 

24 

The amendments of the Future Fund Act 2006 made by this Schedule 

25 

apply in relation to any conduct that occurs after this item commences. 

26 

Health Insurance Act 1973 

27 

22  Paragraph 106ZPLA(b) 

28 

Omit "Scheme". 

29 

23  After section 106ZPR 

30 

Insert: 

31 

Schedule 6  Other amendments 

   

 

 

46 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

106ZQ  Annual report 

 

  The annual report prepared by the Director and given to the 

Minister under section 46 of the Public Governance, Performance 

and Accountability Act 2013 for a period must include a report on 

the operation of this Part during the period. 

24  Application of amendments 

The amendments of the Health Insurance Act 1973 made by this 

Schedule apply in relation to the reporting period commencing on 

1 July 2014 and later reporting periods. 

Industrial Chemicals (Notification and Assessment) Act 1989 

10 

25  Section 108 

11 

Repeal the section, substitute: 

12 

108  Annual report 

13 

 

  The annual report prepared by the Secretary of the Department and 

14 

given to the Minister under section 46 of the Public Governance, 

15 

Performance and Accountability Act 2013 for a period must 

16 

include a report on the operation of this Act during the period. 

17 

26  Application of amendment 

18 

Section 108 of the Industrial Chemicals (Notification and Assessment) 

19 

Act 1989, as inserted by this Schedule, applies in relation to the 

20 

reporting period commencing on 1 July 2014 and later reporting 

21 

periods. 

22 

International Organisations (Privileges and Immunities) Act 

23 

1963 

24 

27  After section 12B 

25 

Insert: 

26 

Other amendments  Schedule 6 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

47 

 

12C  Organisations that are bodies corporate are not Commonwealth 

entities 

 

  If the regulations provide that an organisation is a body corporate, 

then, despite paragraph 10(1)(d) of the Public Governance, 

Performance and Accountability Act 2013, the organisation is not a 

Commonwealth entity for the purposes of that Act. 

Reserve Bank Act 1959 

28  Subsections 7A(5) and (6) 

Repeal the subsections, substitute: 

Provisions about general duties of officials 

10 

 

(5)  Subdivision A of Division 3 of Part 2-2 of that Act (which deals 

11 

with general duties of officials) applies in relation to a member of 

12 

the Reserve Bank Board or the Payments System Board who is not 

13 

referred to in subsection (4) of this section as if the member were 

14 

an official (within the meaning of that Act) of the Bank. 

15 

Note: 

Section 29 of that Act (which is in Subdivision A of Division 3 of 

16 

Part 2-2 of that Act, and deals with the duty to disclose interests) is 

17 

affected by sections 7B and 7C. 

18 

29  After section 7A 

19 

Insert: 

20 

7B  Disclosure of interests by members of the Reserve Bank Board in 

21 

relation to certain matters 

22 

 

(1)  This section applies in relation to a member of the Reserve Bank 

23 

Board if: 

24 

 

(a)  a meeting of the Board is considering either or both of the 

25 

following matters: 

26 

 

(i)  the monetary policy of the Bank; 

27 

 

(ii)  the role of the Bank in financial system stability; and 

28 

 

(b)  the member has a material personal interest that relates to the 

29 

matter; and 

30 

Schedule 6  Other amendments 

   

 

 

48 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(c)  within the previous 12 months the member has disclosed, in 

writing, the member's interest to the Treasurer (whether the 

disclosure occurs before or after this section commences); 

and 

 

(d)  there has been no substantial change in the nature or 

composition of the interest since the disclosure. 

 

(2)  The member may do either or both of the following: 

 

(a)  be present during any consideration by the Board of the 

matter; 

 

(b)  vote on the matter. 

10 

 

(3)  The member is taken to have complied with section 29 of the 

11 

Public Governance, Performance and Accountability Act 2013

12 

and any rules made for the purposes of that section. 

13 

 

(4)  This section applies: 

14 

 

(a)  despite subsections 7A(1), (4) and (5) of this Act; and 

15 

 

(b)  instead of any rules made for the purposes of 

16 

subsection 29(2) of the Public Governance, Performance and 

17 

Accountability Act 2013

18 

7C  Other disclosures of material personal interests by members of 

19 

the Reserve Bank Board and the Payments System Board 

20 

 

(1)  This section applies in relation to a matter if: 

21 

 

(a)  for a member of the Reserve Bank Board--the matter is 

22 

being considered at a meeting of the Reserve Bank Board 

23 

and: 

24 

 

(i)  the matter is not a matter referred to in 

25 

paragraph 7B(1)(a); or 

26 

 

(ii)  the matter is a matter referred to in paragraph 7B(1)(a), 

27 

but the condition in paragraph 7B(1)(c) or (d) is not met 

28 

in relation to the matter; or 

29 

 

(b)  for a member of the Payments System Board--the matter is 

30 

being considered at a meeting of the Payments System 

31 

Board. 

32 

 

(2)  Sections 12, 14, 15 and 16D of the Public Governance, 

33 

Performance and Accountability Rule 2014 apply to each member 

34 

Other amendments  Schedule 6 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

49 

 

of the Reserve Bank Board and the Payments System Board in 

relation to the matter as if: 

 

(a)  the relevant Board were the accountable authority of the 

Bank and the member were a member of the accountable 

authority of the Bank; and 

 

(b)  instead of referring to a material personal interest that relates 

to the affairs of the Bank, section 29 of the Public 

Governance, Performance and Accountability Act 2013, and 

sections 14 and 15 of that Rule, referred to a material 

personal interest that relates to the affairs of: 

10 

 

(i)  for a member of the Reserve Bank Board--the Reserve 

11 

Bank Board; or 

12 

 

(ii)  for a member of the Payments System Board--the 

13 

Payments System Board. 

14 

 

(3)  This section applies: 

15 

 

(a)  despite subsections 7A(1), (4) and (5) of this Act; and 

16 

 

(b)  instead of any rules made for the purposes of 

17 

subsection 29(2) of the Public Governance, Performance and 

18 

Accountability Act 2013 (other than as referred to in 

19 

subsection (2) of this section). 

20 

 

(4)  This section does not otherwise affect subsection 7A(1) or (4) of 

21 

this Act, or any rules made for the purposes of subsection 29(2) of 

22 

the Public Governance, Performance and Accountability Act 2013

23 

to the extent that a member of the Reserve Bank Board or the 

24 

Payments System Board referred to in subsection 7A(4) of this Act 

25 

has a material personal interest that relates to the affairs of the 

26 

Bank in a matter that is not being considered at a meeting of: 

27 

  

(a)  for a member of the Reserve Bank Board--the Reserve Bank 

28 

Board; or 

29 

 

(b)  for a member of the Payments System Board--the Payments 

30 

System Board. 

31 

Note: 

The member is required to comply with the rules for officials of an 

32 

entity relating to the disclosure of such interests. 

33 

Schedule 6  Other amendments 

   

 

 

50 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

Terrorism Insurance Act 2003 

30  Section 31 

Omit "Minister", substitute "Corporation". 

Other transitional provisions  Schedule 7 

   

 

 

No.      , 2015 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

51 

 

Schedule 7

--Other transitional provisions 

   

1  Amendments to legislative instruments 

Despite subsections 12(2) and (3) of the Legislative Instruments Act 

2003, if: 

 

(a)  a legislative instrument (the amending instrument) is made 

under an Act (the enabling Act); and 

 

(b)  the amending instrument amends another legislative 

instrument made under the enabling Act; and 

 

(c)  the amendment is consequential on: 

10 

 

(i)  the amendments or repeals made by this Act; or 

11 

 

(ii)  the enactment of this Act; 

12 

the amending instrument may be expressed to take effect from a date 

13 

before the amending instrument is registered under the Legislative 

14 

Instruments Act 2003

15 

2  Transitional rules 

16 

(1) 

The Finance Minister may, by legislative instrument (and subject to 

17 

subitem (3)), make rules prescribing matters: 

18 

 

(a)  required or permitted by this Act to be prescribed by the 

19 

rules; or 

20 

 

(b)  necessary or convenient to be prescribed for carrying out or 

21 

giving effect to this Act. 

22 

(2) 

Rules may be made prescribing matters of a transitional nature 

23 

(including prescribing any saving or application provisions) relating to: 

24 

 

(a)  the amendments or repeals made by this Act; or 

25 

 

(b)  the enactment of this Act. 

26 

(3) 

To avoid doubt, the rules may not do the following: 

27 

 

(a)  create an offence or civil penalty; 

28 

 

(b)  provide powers of: 

29 

 

(i)  arrest or detention; or 

30 

 

(ii)  entry, search or seizure; 

31 

 

(c)  impose a tax; 

32 

Schedule 7  Other transitional provisions 

   

 

 

52 

Public Governance and Resources Legislation Amendment Bill (No. 1) 

2015 

No.      , 2015 

 

 

(d)  set an amount to be appropriated from the Consolidated 

Revenue Fund under an appropriation in this Act; 

 

(e)  amend this Act. 

(4) 

This Act does not limit the rules that may be made under this item. 

 


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