What this determination does
The federal government has established a new special account called the Christmas Island Phosphate Mining Rehabilitation Special Account 2026. The determination was registered on 7 August 2026 and is now in force.
The determination is made under the Public Governance, Performance and Accountability Act 2013 and is administered by the Department of Finance.
What the account covers
The determination sets rules for three things:
- What money can be credited to the account
- What the money in the account can be used for
- Which authority is responsible for managing the account
Previous instrument revoked
This determination replaces and revokes an earlier instrument called the Christmas Island Phosphate Mining Rehabilitation Instrument.
Scope
This is a government financial administration matter specific to Christmas Island phosphate mining rehabilitation. The determination does not create any compliance obligations for Australian small businesses.
Full determination text
The full text of this determination is available at the Federal Register of Legislation: https://www.legislation.gov.au/F2026L01030
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.