{"id":"F2021L00705","name":"PGPA Act Determination (IP Australia SOETM Special Account 2021)","slug":"pgpa-act-determination-ip-australia-soetm-special-account-2021","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":440874,"registerId":"F2021L00705-fast-fetch-1775956346342","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"PGPA Act Determination (IP Australia SOETM Special Account 2021)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.jpeg)\n\n \n\nPGPA Act Determination (IP Australia SOETM Special Account 2021)\n\nI, SIMON BIRMINGHAM, Minister for Finance, make the following determination.\n\nDated     31      /     05    / 2021\n\nSIMON BIRMINGHAM\n\nMinister for Finance\n\n \n\n \n\n \n\n \n\n \n\nContents\n\nPart 1—Establishment \n\n1  Name ...................................................\n\n2  Commencement.............................................\n\n3  Authority.................................................\n\n4  Definitions................................................\n\n5  Establishment of the special account.................................\n\n6  Accountable authority responsible for the special account.....................\n\nPart 2—Special account credits and debits \n\n7  Amounts that may be credited to the special account........................\n\n8  Purposes of the special account....................................\n\nPart 3—Transitional, revocation and repeal provisions \n\n9  Opening balance of the special account................................\n\n10  Revocation of SOETM instrument..................................\n\n11  Additional repeal provisions.....................................\n\n \n\nPart 1—Establishment\n\n \n\n1  Name\n\n  This instrument is the PGPA Act Determination (IP Australia SOETM Special Account 2021).\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n| Column 1 | Column 2 | Column 3 |\n| --- | --- | --- |\n| Provisions | Commencement | Date/Details |\n| The whole of this instrument | The later of the day mentioned in paragraph 79(5)(a) of the Act or 1 July 2021. |  |\n\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any version of this instrument published on the Federal Register of Legislation.\n\n3  Authority\n\n  This instrument is made under subsections 78(1) and 78(3) of the Act.\n\n4  Definitions\n\n  In this instrument:\n\nAct means the Public Governance, Performance and Accountability Act 2013.\n\nEntity means the listed entity known as IP Australia.\n\nSOETM means Services for Other Entities and Trust Moneys.\n\nSOETM special account means the Services for Other Entities and Trust Moneys – IP Australia Special Account established by the SOETM instrument.\n\nSOETM instrument means the Financial Management and Accountability (Establishment of Special Account for IP Australia) Determination 2011/11.\n\nthe special account means the IP Australia SOETM Special Account 2021 established by this instrument.\n\n5  Establishment of the special account\n\n  For paragraph 78(1)(a) of the Act, the IP Australia SOETM Special Account 2021 is established as a special account.\n\n6  Accountable authority responsible for the special account\n\n  For paragraph 78(1)(d) of the Act, the accountable authority responsible for the special account is the accountable authority of the Entity.\n\n \n\nPart 2—Special account credits and debits\n\n \n\n7  Amounts that may be credited to the special account\n\n  For paragraph 78(1)(b) of the Act, the following amounts may be credited to the special account:\n\n1.                      an amount held on trust, or otherwise on behalf of or for the benefit of a person other than the Commonwealth;\n\n\n (b) an amount received in the course of the performance of functions that relate to one or more purposes of the special account;\n\n (c) an amount received from any person for one or more purposes of the special account.\n\n8  Purposes of the special account\n\n  For paragraph 78(1)(c) of the Act, the purposes of the special account, in relation to which amounts may be debited from the special account, are:\n\n1.                      to disburse an amount held on trust or otherwise for the benefit of a person other than the Commonwealth;\n2.                      to disburse an amount in connection with services performed for, on behalf of, or together with, a Commonwealth entity, Commonwealth company, government, organisation, body or person;\n3.                      to disburse an amount in connection with joint activities performed for, on behalf of, or together with, a Commonwealth entity, Commonwealth company, government, organisation, body or person;\n4.                      to disburse an amount in connection with an agreement between the Commonwealth and another government;\n5.                      to repay an amount where a court order, Act or other law requires or permits the repayment of an amount received; and \n6.    to reduce the balance of the special account (and, therefore, the available appropriation for the special account) without making a real or notional payment.\n\n\n \n\nPart 3—Transitional, revocation and repeal provisions\n\n \n\n9  Opening balance of the special account\n\n1.               For paragraph 78(1)(b) of the Act, the amount in subsection 9(2) (opening balance) is required to be credited to the special account immediately after its establishment.\n2.               The opening balance is equal to the amount standing to the credit of the SOETM special account immediately prior to the commencement of this instrument.\n\n\n10  Revocation of SOETM instrument\n\n  For subsection 78(3) of the Act, the SOETM instrument is revoked.\n\n11  Additional repeal provisions\n\n1.               For subsection 78(3) of the Act, Part 3 of this instrument is repealed at the end of the seventh day after the revocation of the SOETM instrument under section 10 (date of repeal).\n2.               For subsection 78(3) of the Act, the following definitions in section 4 are repealed on the date of repeal:\n\n\n1.                      definition of SOETM instrument;\n2.                      definition of SOETM special account.\n\n\n1.               Despite subsection 11(1), the effects of Part 3 of this instrument remain in force after the date of repeal.\n\n\n \n","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"The instrument revokes the earlier SOETM determination and continues the existing account balance into a new special account (revocation in s10; opening balance in s9). It maintains typical SOETM credits/debits but expressly adds a purpose permitting reduction of the account balance without making an actual payment (s8(6)), and schedules the repeal of certain definitions after a seven‑day transitional period (s11(1)–(2)). Functionally, it preserves continuity while adding an explicit non‑payment balance‑reduction mechanism and short transitional repeal steps."},"complexity_factors":["Dependence on PGPA Act powers and paragraphs (instrument made under subsections 78(1) and 78(3)) (see s3).","Administrative continuity and transfer of funds: opening balance equals prior SOETM account immediately before commencement (s9).","Revocation and transitional timing: revokes the 2011 SOETM instrument and repeals Part 3 after a 7‑day transitional window (s10, s11(1)).","Narrow but operationally significant new-purpose language allowing reduction of the account balance without a real or notional payment (s8(6)).","Clear allocation of accountable authority to IP Australia (s6) and lists of permitted credits/debits that govern cashflow and appropriation treatment (s7, s8).","Definitions and their scheduled repeal (definitions of SOETM instrument and SOETM special account removed on repeal date) introduce a short-term complexity in instruments and records (s4, s11(2))."],"plain_english_summary":"This determination creates the “IP Australia SOETM Special Account 2021”, assigns IP Australia as the accountable authority, transfers the prior SOETM account balance into it, and sets what money may go in (trust funds, service receipts, payments from others) and what may be paid out (disbursements to third parties, payments for services or joint activities, repayments required by law, and an explicit mechanism to reduce the account balance without a cash payment). It matters to IP Australia, counterparties that pay or receive trust/service funds, and anyone affected by related accounting and appropriation decisions."},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument maintains the same scope as its predecessor. It is a direct replacement of the 2011 Financial Management and Accountability Determination, updated to operate under the PGPA Act 2013 framework. The special account continues to serve the same purpose — managing trust monies and service fees for IP Australia — with no expansion of functions or beneficiaries."},"complexity_factors":["Short instrument with only 11 sections across 3 Parts","Only 4 defined terms in the interpretation section (Act, Entity, SOETM, SOETM special account, SOETM instrument, the special account)","Straightforward structure: establishment, credits/debits, transitional provisions","Limited conditional logic — primarily simple authorisations and revocations","Cross-references limited to the PGPA Act 2013 (the parent legislation) and the instrument being replaced","Self-terminating transitional provisions (Part 3 repeals itself after 7 days)"],"plain_english_summary":"Creates the IP Australia SOETM Special Account 2021 to hold and spend money held in trust or received for specific services, giving IP Australia a clear legal framework to manage funds that aren’t government revenue and replacing the 2011 instrument with automatic transfer of balances.\n\nAffects IP Australia, businesses and individuals who pay or have funds held by the agency, and other government partners by clarifying permitted uses and preventing misuse."}},"importantCases":[],"_links":{"self":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021","history":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021/history","analysis":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021/analysis","conflicts":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021/conflicts","importantCases":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021/important-cases","documents":"/api/acts/pgpa-act-determination-ip-australia-soetm-special-account-2021/documents"}}