{"id":"F2023L01117","name":"PGPA Act Determination (Royal Australian Mint Special Account 2023)","slug":"pgpa-act-determination-royal-australian-mint-special-account-2023","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":442042,"registerId":"F2023L01117-fast-fetch-1775957165950","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"PGPA Act Determination (Royal Australian Mint Special Account 2023)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-keywords: \"[SEC=OFFICIAL]\"\n---\n\n![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\n \n\nPGPA Act Determination (Royal Australian Mint Special Account 2023)\n\nI, KATY GALLAGHER, Minister for Finance, make the following determination.\n\nDated           22   /   08      / 2023\n\nKATY GALLAGHER\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 Royal Australian Mint instrument\n\n11  Additional repeal provisions\n\nPart 1—Establishment\n\n \n\n1  Name\n\n  This instrument is the PGPA Act Determination (Royal Australian Mint Special Account 2023).\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 day mentioned in paragraph 79(5)(a) of the Act. |  |\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\nRoyal Australian Mint instrument means the FMA Act (Royal Australian Mint Special Account) Determination 2013/04.\n\nRoyal Australian Mint special account means the Royal Australian Mint Special Account established by the Royal Australian Mint instrument.\n\nthe special account means the Royal Australian Mint Special Account 2023 established by this instrument.\n\n5  Establishment of the special account\n\n  For paragraph 78(1)(a) of the Act, the Royal Australian Mint Special Account 2023 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 Chief Executive Officer of the Royal Australian Mint.\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\n(a)      amounts received from any person for one or more purposes of the special account; and\n\n(b)      amounts received in the course of the performance of functions that relate to one or more purposes of the special account.\n\n8  Purposes of the special account\n\nFor 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\n(a)      to make payments in relation to purchasing, producing, supplying, storing, selling, displaying and distributing coinage, medals, dies, tokens, plaques, and other like items;\n\n(b)      to make payments in relation to the management and operation of the Royal Australian Mint;\n\n(c)      to make payments in relation to the following revenue raising activities undertaken by the Royal Australian Mint:\n\n(i)                  the operation of the Royal Australian Mint’s gift shop, e-shop and cafe;\n\n(ii)               renting of the vault services to other organisations;\n\n(iii)             providing tooling and other production services to other organisations;\n\n(iv)              providing brokerage services to other countries and foreign entities in relation to the process and approval for collectible products to gain legal tender status in other countries;\n\n(d)      to make payments in relation to activities that are incidental to the purposes in paragraphs 8(a), 8(b) and 8(c);\n\n(e)      to repay amounts where a court order, Act or other law requires or permits the repayment of an amount received; and\n\n(f)       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\nPart 3—Transitional, revocation and repeal provisions\n\n \n\n9  Opening balance of the special account\n\n(1)    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.\n\n(2)    The opening balance is equal to the amount standing to the credit of the Royal Australian Mint special account immediately prior to the commencement of this instrument.\n\n10  Revocation of Royal Australian Mint instrument\n\n  For subsection 78(3) of the Act, the Royal Australian Mint instrument is revoked.\n\n11  Additional repeal provisions\n\n(1)    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 Royal Australian Mint instrument under section 10 (date of repeal).\n\n(2)    For subsection 78(3) of the Act, the following definitions in section 4 are repealed on the date of repeal:\n\n(a)    definition of Royal Australian Mint instrument;\n\n(b)    definition of Royal Australian Mint special account.\n\n(3)    Despite subsection 11(1), the effects of Part 3 of this instrument remain in force after the date of repeal.\n\n \n","sortOrder":0}],"analysis":{"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"The instrument replaces the prior Royal Australian Mint special account instrument and restates the account, its opening balance, responsible authority and explicit categories of credits and debits (ss5–9,10). Nothing in this instrument itself enlarges or narrows the listed purposes beyond those set out here; it primarily transfers and re-establishes the account framework and transitional arrangements."},"complexity_factors":["Direct reliance on PGPA Act subsection 78 for legal authority and structure (see instrument header and ss3,5–8).","Defined list of permitted credits (s7) and detailed purposes for debits, including commercial revenue activities (s8), which requires classification of receipts.","Transitional mechanics: carrying over opening balance from the prior special account (s9) and revocation of the prior instrument (s10).","Temporal repeal of Part 3 and dependent definition removals (s11) adds modest timing complexity for interpretation.","Discretionary operational power: accountable authority (Mint CEO) controls use of funds within listed purposes (s6,8), and s8(f) permits reducing the balance without a real payment, which affects appropriation accounting."],"plain_english_summary":"This instrument establishes the Royal Australian Mint Special Account 2023, revokes the 2013 instrument and transfers its balance, appoints the Mint CEO as accountable authority, and lists permitted credits and debits for coinage, Mint operations and specified revenue activities (ss5–9,10).\n\nPayers are customers and counterparties providing fees and sales (s7). The Mint CEO controls spending within listed purposes (s6,8). It allows administrative reduction of the account balance without making payments (s8(f))."},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This is a direct replacement of an existing special account determination. The scope remains identical to the original 2013 instrument — it establishes the same type of financial mechanism for the same entity with the same purposes. The only change is the legislative authority (moving from the repealed FMA Act to the current PGPA Act), which is a technical update rather than an expansion of scope."},"complexity_factors":["Short instrument: only 11 sections across 3 Parts","Minimal defined terms: only 4 definitions in section 4, 2 of which are temporary and get repealed","Straightforward structure: establishment, operational rules, transitional provisions","Single cross-reference: relies entirely on the Public Governance, Performance and Accountability Act 2013 for its legal basis","Simple conditional logic: only one transitional calculation (opening balance equals old account balance)","Self-cleaning mechanism: Part 3 automatically repeals itself after 7 days, leaving a clean permanent instrument"],"plain_english_summary":"The measure establishes the \"Royal Australian Mint Special Account 2023,\" transfers funds from the old account into it, and specifies permitted uses (manufacturing and selling coins/medals, Mint operations, revenue‑raising services, repayments and transfers of surpluses). It affects the Royal Australian Mint, its CEO and customers/clients of Mint services. Primarily housekeeping: it moves the Mint’s special account into the newer PGPA Act framework without changing its activities."},"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"}},"importantCases":[],"_links":{"self":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023","history":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023/history","analysis":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023/analysis","conflicts":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023/conflicts","importantCases":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023/important-cases","documents":"/api/acts/pgpa-act-determination-royal-australian-mint-special-account-2023/documents"}}