Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary
The Finance Minister's delegations under section 107 of Australia's PGPA Act to the accountable authorities of non-corporate Commonwealth entities and to the Finance Secretary, with the binding directions on banking, overseas accounts and overdrafts, credit cards, investment, indemnities, guarantees and warranties, debt waivers, postponement and instalments, act of grace payments and gifts of relevant property.
Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary is a compliance framework from Australia (Commonwealth) with 4 domains and 15 controls. The largest domains are Banking, borrowing and investment directions (sections 53, 56 and 58 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (5 controls), Debt directions: waivers, postponement, instalments and deferral (section 63 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (4 controls), Act of grace payments, gifts of relevant property, repayments and payments on death (sections 65, 66 and 77 of the Act; section 25 of the PGPA Rule) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (3 controls). Every control below carries what it requires and what an assessor expects to see.
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Framework Domains (4)
Act of grace payments, gifts of relevant property, repayments and payments on death (sections 65, 66 and 77 of the Act; section 25 of the PGPA Rule) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary
| Code | Title |
|---|---|
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::FS-S1-P7 | Act of grace payments: the Finance Secretary may consider any application but may authorise an act of grace payment in writing only up to $100,000 |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P10-principles | Gifts of relevant property, principles: never gift military firearms, prefer transfer to another Australian government or sale at market value, depart only for genuinely surplus property of special significance or low value, and refuse gifts that would set an onerous precedent |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P10-value | Gifts of relevant property, valuation: obtain a reasonable estimate of market value before authorising a gift, or where that is not possible assign a notional value and record how it was set |
Banking, borrowing and investment directions (sections 53, 56 and 58 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary
| Code | Title |
|---|---|
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P1 | Banking in Australia: bank agreements must provide for effective cash management to Finance's written requirements and daily consolidation into the Official Public Account, interest must go to the OPA, and Finance must be told promptly of every account opened or closed |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P2 | Banking outside Australia: only the accountable authorities named in the table may open and maintain overseas Commonwealth bank accounts, and only in the countries listed against each |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P3 | DFAT overseas overdrafts: subdelegate only within DFAT, use overseas overdrafts only where funds cannot reach a payment in time, cap each facility at $1 million and all at $10 million, accept only standard bank fees charged to a departmental appropriation, and review facilities annually |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P4 | Credit cards and credit vouchers: the section 56 borrowing power is used only to enter agreements for the issue and use of Commonwealth credit cards or credit vouchers |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P5 | Investing relevant money: invest only balances of the special accounts listed for each named accountable authority (Defence only for the two named capabilities), seek the best return consistent with sound cash-flow management, and notify AOFM before any investment of $15 million or more |
Debt directions: waivers, postponement, instalments and deferral (section 63 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary
| Code | Title |
|---|---|
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::FS-S1-P4-P5 | Finance Secretary waivers and postponements: consider any application, but authorise a waiver of an amount owing, or a postponement of the Commonwealth's priority as a creditor, only up to $100,000 |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P7 | ASIC fee waivers: waive Corporations Act fees only up to $5,000 per fee, only on a written application with supporting evidence, only for circumstances outside the company's control, after weighing the company's own contribution |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P9-scope | Instalments and deferral, scope and hardship: start from the principle that amounts owed are paid in full when due, use the power only to defer payment or allow instalments, and in claimed hardship require evidence and keep the Commonwealth level with equal-ranking creditors |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P9-terms | Instalment and deferral terms: set conditions for prompt recovery, charge interest ordinarily at, and never above, the 90-day bank-accepted bill rate and record reasons for any lower rate, notify the debtor in writing, obtain written acceptance, and include the four standard acceptance conditions |
Indemnity, guarantee and warranty directions (section 60 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary
| Code | Title |
|---|---|
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P6-grant | When an indemnity, guarantee or warranty may be granted: where the event is remote (under 5 per cent) and the probable cost is under $30 million, or with the Finance Minister's written approval, or as explicitly agreed by Cabinet, the National Security Committee or the Prime Minister, or under a Finance Minister determination |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P6-legal | Indemnities for legal assistance: grant an indemnity tied to Commonwealth legal assistance only after being satisfied the criteria and conditions for that assistance in Part 9 of the Legal Services Directions 2025 are met |
| australia-pgpa-finance-minister-delegations-to-accountable-authorities-and-the-finance-secretary::NCE-S1-P6-scope | Indemnity, guarantee and warranty limits and principles: never guarantee loan principal or interest, never indemnify expressly for civil or criminal penalties, and weigh whether risk sits with the party best placed to manage it and whether benefits outweigh risks |
What is Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary and who does it apply to?
Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary is a compliance framework from Australia (Commonwealth) with 4 domains and 15 controls. The Finance Minister's delegations under section 107 of Australia's PGPA Act to the accountable authorities of non-corporate Commonwealth entities and to the Finance Secretary, with the binding directions on banking, overseas accounts and overdrafts, credit cards, investment, indemnities, guarantees and warranties, debt waivers, postponement and instalments, act of grace payments and gifts of relevant property. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
What does Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary actually require?
Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary has 15 controls organised across 4 domains. The largest domains are Banking, borrowing and investment directions (sections 53, 56 and 58 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (5 controls), Debt directions: waivers, postponement, instalments and deferral (section 63 of the Act) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (4 controls), Act of grace payments, gifts of relevant property, repayments and payments on death (sections 65, 66 and 77 of the Act; section 25 of the PGPA Rule) – Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary (3 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
If I already comply with another framework, how much of Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary do I already cover?
Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary does not currently have cross-framework mappings in our system. Check back as we continuously expand our mapping database.
How do I implement Australia PGPA Finance Minister Delegations to Accountable Authorities and the Finance Secretary?
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