What this instrument does
A legislative instrument registered on 7 August 2026 establishes a special account for the Department of Industry, Science and Technology to receive donations, bequests, and sponsorship money. The instrument is titled the PGPA Act (Innovation, Science and Technology - Donations, Bequests and Sponsorship Special Account 2026) Determination 2026.
How the special account works
The instrument sets rules for three things: what money can be deposited into the account, what the money can be spent on, and which department is responsible for managing it. It also revokes a previous donations instrument and sets an opening balance drawn from that earlier account.
Legal basis
This type of instrument is an internal government accounting mechanism under the Public Governance, Performance and Accountability Act 2013. It is administered by the Department of Finance.
Impact on small business
This instrument has no direct impact on small businesses. It affects only internal Commonwealth government accounting for the Department of Industry, Science and Technology.
Where to find the instrument
The full instrument is available at the Federal Register of Legislation: https://www.legislation.gov.au/F2026L01027
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.