PGPA Act Determination (Enforcement Special Account 2016) — Establishment (Cth)

PGPA Act Determination (Enforcement 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 (Enforcement Special Account 2016) — Establishment.

Note: All special account determinations and compilations are registered on the Federal Register of Legislation (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Note 2: Subsection 50(1) of the Legislation Act 2003 provides that a legislative instrument is repealed automatically on the first of 1 April or 1 October ten years after being registered on the FRL.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: ASIC has the same meaning as in the Australian Securities and Investments Commission Act 2001. PGPA Act means the Public Governance, Performance and Accountability Act 2013. relevant Minister means a Minister who administers the Corporations Act 2001 or the Australian Securities and Investments Commission Act 2001. significant public interest a suspected breach of a law is of significant public interest if it relates to a breach, or a class of breaches, determined in writing by the accountable authority of the ASIC.