1PGPA Act Determination (Innovation, Science and Technology – Donations, Bequests and Sponsorship Special Account 2016) — Establishment

Commonwealth Coat of Arms

PGPA Act Determination (Innovation, Science and Technology – Donations, Bequests and Sponsorship Special Account 2016) — Establishment

I, MATHIAS HUBERT PAUL CORMANN, Minister for Finance, make this determination.

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MATHIAS HUBERT PAUL CORMANN

Minister for Finance

Dated: 23 / 08 / 2016

Part 1 – Establishment

1 Name

This instrument is the PGPA Act Determination (Innovation, Science and Technology – Donations, Bequests and Sponsorship Special Account 2016) — Establishment.

Note: All special account determinations and compilations are registered on the Federal Register of Legislative (FRL) kept under the Legislation Act 2003. See http://www.legislation.gov.au.

2 Commencement

This instrument commences on the day provided for by paragraph 79(5)(a) of the PGPA Act.

Note 1: Subsection 79(5) of the PGPA Act provides that a special account determination comes into effect on the day immediately after the last day on which it could have been disallowed by the Parliament, or on a later day if specified in the determination.

Note 2: Subsection 50(1) of the Legislation Act 2003 provides that a legislative instrument is repealed automatically on the first of 1 April or 1 October ten years after being registered on the FRL. Consistent with the Legislation Act 2003, this instrument ceases to have effect on 1 October 2026.

3 Authority

This instrument is made under subsection 78(1) of the PGPA Act.

4 Definitions

In this instrument, PGPA Act means the Public Governance, Performance and Accountability Act 2013.

5 Establishment

For the purposes of paragraph 78(1)(a) of the PGPA Act, a special account is established with the name Innovation, Science and Technology – Donations, Bequests and Sponsorship Special Account 2016 (the special account).

6 Credits to the special account

For the purposes of paragraph 78(1)(b) of the PGPA Act, amounts equal to the following are allowed to be credited to the special account:

(a) amounts received in the course of the performance of functions that relate to the purposes of this special account;
(b) an amount received from any person for the purposes of this special account;
(c) amounts debited from the Science and Technology Donations/Sponsorship Special Account, established by the Financial Management and Accountability Determination 2006/40 – Science and Technology Donations/Sponsorship Special Account Establishment 2006.