House of Representatives

Public Governance and Resources Legislation Amendment Bill (No. 1) 2017

Explanatory Memorandum

(Circulated by authority of the Minister for Finance, Senator the Hon Mathias Cormann)

Financial Impact Statement

15. The Bill would amend the enabling legislation of Commonwealth entities to ensure the legislation operates harmoniously with the PGPA Act.

16. It is expected that harmonisation of regulatory requirements will contribute to efficiencies in governance, transparency and accountability arrangements for Commonwealth entities within the Australian Government.


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