Second Reading Speeches

National Collecting Institutions Legislation Amendment Bill 2020

Type
Government
Portfolio
Communications, Cyber Safety and the Arts
Originating house
House of Representatives
Status
Act
Parliament no
46

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Summary

Amends six Acts to: provide national collecting institutions with broader investment powers in relation to donated revenue than those currently permitted by the

Public Governance, Performance and Accountability Act 2013
; and make administrative amendments, including standardising delegation powers and the maximum length of service for governing body members, removing ministerial approval requirements in relation to routine financial transactions and assets disposals, and removing certain reporting requirements.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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