Application of the Public Governance, Performance and Accountability Act 2013
80 Application of the Public Governance, Performance and Accountability Act 2013
The provisions of the Public Governance, Performance and Accountability Act 2013 referred to in subsection (2) have effect as if:
the Board and the Agency were a single Commonwealth entity; and
the Chair were the accountable authority of that single Commonwealth entity; and
an annual report given to the Minister under section 46 of that Act were an annual report for that single Commonwealth entity; and
the nominated Minister were the responsible Minister; and
if the Agency is a listed entity for the purposes of that Act—the Agency were not a Commonwealth entity in its own right.
The Board is not a Commonwealth entity (see subsection 10(2) of the Public Governance, Performance and Accountability Act 2013).
The provisions of the Public Governance, Performance and Accountability Act 2013 are the following:
Division 3 of Part 2‑3 (which deals with performance of Commonwealth entities);
Division 4 of Part 2‑3 (which deals with financial reporting and auditing for Commonwealth entities), except section 44;
Division 5 of Part 2‑3 (which deals with audit committees for Commonwealth entities);
Division 6 of Part 2‑3 (which deals with annual reports for Commonwealth entities).
This means, for example, that there will be:
a single set of accounts and records for both the Board and the Agency; and
a single set of annual financial statements in relation to both the Board and the Agency; and
auditing of the single set of annual financial statements; and
a single audit committee for both the Board and the Agency.
104 Subsection 81(1)
Omit “The Chair must, as soon as practicable after the end of each financial year, prepare and give to the nominated Minister a report of”, substitute “The annual report given to the nominated Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period must include”.
105 Paragraphs 81(1)(a) and (b)
Repeal the paragraphs.
106 Subsection 81(1)
Omit “during the financial year”, substitute “during the period”.
107 Subsection 81(1A)
Omit “under subsection (1) for a financial year”, substitute “referred to in subsection (1) for a period”.
108 Subsection 81(1A)
Omit “during the financial year”, substitute “during the period”.
109 Subsection 81(1B)
Omit “under subsection (1) for a financial year”, substitute “referred to in subsection (1) for a period”.
110 Subsection 81(1B)
Omit “during the financial year”, substitute “during the period”.
111 Subsection 81(1C)
Omit “under subsection (1) for a financial year”, substitute “referred to in subsection (1) for a period”.
112 Subsection 81(1C)
Omit “during the financial year”, substitute “during the period”.
113 Subsections 81(2) to (2C)
Omit “under this section”, substitute “referred to in subsection (1)”.
114 Subsection 81(3)
Repeal the subsection (including the heading).
115 Before subsection 81(4)
Insert:
Nominated Minister to gives copies of report to other Ministers
116 Subsection 81(4)
Omit “under this section”, substitute “referred to in subsection (1)”.
117 Subclause 2(1) of Schedule 2 (note 1)
Repeal the note, substitute:
See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).
118 Subclause 2(2) of Schedule 2 (note)
Repeal the note, substitute:
See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).
Gene Technology Act 2000
119 Section 117
Omit:
Division 3 provides for financial matters, including the establishment of a Special Account, called the Gene Technology Account.
substitute:
Division 3 provides for financial matters, including the establishment of a special account, called the Gene Technology Account.
120 Subsection 128(2)
Omit “Financial Management and Accountability Act 1997”, substitute “Public Governance, Performance and Accountability Act 2013”.
121 Subsection 129(2)
Omit “Special Account for the purposes of the Financial Management and Accountability Act 1997”, substitute “special account for the purposes of the Public Governance, Performance and Accountability Act 2013”.
122 Subsection 130(1) (note)
Omit “Special Account if any of the purposes of the Account”, substitute “special account if any of the purposes of the special account”.
Governance of Australian Government Superannuation Schemes Act 2011
123 Section 4 (definition of bank)
Omit “Commonwealth Authorities and Companies Act 1997”, substitute “Public Governance, Performance and Accountability Act 2013”.
124 Section 5 (note 2)
Repeal the note, substitute:
Subject to section 6 of this Act, the Public Governance, Performance and Accountability Act 2013 applies to CSC. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources.
125 Section 6
Repeal the section, substitute:
This Act’s bill:Explanatory memorandumSecond reading speech
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