Commonwealth coat of arms of Australia

 

Commonwealth Securities (Treasury Portfolio Agency) Amendment (2025 Measures No. 1) Delegations 2025

I, Daniel Mulino, Assistant Treasurer and Minister for Financial Services, make the following delegations.

Dated   29 September 2025

 

Dr Daniel Mulino

Assistant Treasurer
Minister for Financial Services

 

 

 

1  Name 

2  Commencement

3  Authority

4  Schedules

Schedule 1—Amendments

Part 1—Amendments relating to the Commonwealth Inscribed Stock Regulations 2025

Commonwealth Securities (Treasury Portfolio Agency) Delegations 2023

Part 2—Amendments relating to the Loans Securities Regulations 2025

Commonwealth Securities (Treasury Portfolio Agency) Delegations 2023

Part 3—Other amendments

Commonwealth Securities (Treasury Portfolio Agency) Delegations 2023

 

 

  This instrument is the Commonwealth Securities (Treasury Portfolio Agency) Amendment (2025 Measures No. 1) Delegations 2025.

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  Sections 1 to 4 and anything in this instrument not elsewhere covered by this table

The day after this instrument is registered.

 

2.  Schedule 1, Part 1

The later of:

(a) the day after this instrument is registered; and

(b) the day the Commonwealth Inscribed Stock Regulations 2025 commences.

 

3.  Schedule 1, Part 2

The later of:

(a) the day after this instrument is registered; and

(b) the day the Loans Securities Regulations 2025 commences.

 

4.  Schedule 1, Part 3

The day after this instrument is registered.

 

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

  This instrument is made under the following

 (a) the Commonwealth Inscribed Stock Act 1911; and

 (b) the Commonwealth Inscribed Stock Regulations 2025; and

 (c) the Loans Securities Act 1919; and

 (d) the Loans Securities Regulations 2025; and

 (e) the Public Governance, Performance and Accountability Act 2013.

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

1  Paragraph 3(b)

Omit “Commonwealth Inscribed Stock Regulation 2015”, substitute “Commonwealth Inscribed Stock Regulations 2025”.

2  Section 4 (definition of CIS Regulations)

Omit “Commonwealth Inscribed Stock Regulation 2015”, substitute “Commonwealth Inscribed Stock Regulations 2025”.

3  Subsection 6(1)

Omit “under sections 15, 17 and 22”, substitute “under sections 17 and 21”.

4  Subsection 6(1) (note)

Omit “Sections 15, 17 and 22 of the CIS Regulations relate to prescribing amounts of stock for verification of transmission,”, substitute “Sections 17 and 21 of the CIS Regulations relate to”.

5  Subsection 6(2)

Omit “under sections 21 and 22”, substitute “under sections 20 and 21”.

6  Subsection 6(2) (note)

Omit “Sections 21 and 22”, substitute “Sections 20 and 21”.

7  Paragraph 3(d)

Omit “Loans Securities Regulation 2015”, substitute “Loans Securities Regulations 2025”.

8  Section 4 (definition of LS Regulations)

Omit “Loans Securities Regulation 2015”, substitute “Loans Securities Regulations 2025”.

9  Section 8

Omit “subsection 8(1)”, substitute “subsection 7(1)”.

10  Section 8

Omit “under sections 6 and 7”, substitute “under section 6”.

11  Section 8 (note)

Omit “Sections 6 and 7 of the LS Regulations relate”, substitute “Section 6 of the LS Regulations relates”.

12  Section 4

Insert:

Deputy CEO, in relation to the AOFM, means the SES employee, or acting SES employee, holding, occupying or performing the duties of the Deputy Chief Executive Officer of the AOFM.

13  Paragraphs 5(1)(b) and (c)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Head, Funding, Strategy and Research, AOFM;

14  Paragraphs 6(1)(b), (c) and (d)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Chief Operating Officer of the AOFM;

 (d) if an office or position covered by a preceding paragraph ceases to exist or is renamed—all of the offices or positions with similar functions or responsibilities.

15  Paragraphs 7(1)(b) and (c)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Head, Funding, Strategy and Research, AOFM;

16  Paragraphs paragraph 7(2)(b) and (c)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Head, Funding, Strategy and Research, AOFM;

17  After paragraph 7(4)(a)

Insert:

 (ba) the Deputy CEO of the AOFM;

18  Paragraphs 8(b) and (c)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Chief Operating Officer of the AOFM;

 (d) if an office or position covered by a preceding paragraph ceases to exist or is renamed—all of the offices or positions with similar functions or responsibilities.

19  Paragraphs 9(1)(b) and (c)

Repeal the paragraphs, substitute:

 (b) the Deputy CEO of the AOFM;

 (c) the Head, Funding, Strategy and Research, AOFM;

20  Schedule 1 (table items 1 to 6)

Repeal the items, substitute:

 

1

subsection 3A(1) of the CIS Act

Authority to borrow

(a) CEO of the AOFM;

(b) Deputy CEO of the AOFM;

(c) Head, Funding, Strategy and Research, AOFM;

(d) Head, Domestic Markets Department, RBA;

(e) Deputy Head, Domestic Markets Department, RBA.

none

2

section 13C of the CIS Act

Arrangements etc relating to stock and depository interests

(a) CEO of the AOFM;

(b) Chief Operating Officer of the AOFM.

none

3

subsection 14(1) of the CIS Act

Establishment of registries and appointment of Registrars

(a) CEO of the AOFM;

(b) Chief Operating Officer of the AOFM

none

4

section 27 of the CIS Act

Limitations on registration of transactions

(a) CEO of the AOFM;

(b) Chief Operating Officer of the AOFM;

(c) Chief Finance Officer of the AOFM.

none

5

section 29 of the CIS Act

Verification of transmission

(a) CEO of the AOFM;

(b) Chief Operating Officer of the AOFM;

(c) Chief Finance Officer of the AOFM.

none

6

subsection 55(2) of the CIS Act

Forms

(a) CEO of the AOFM;

(b) Chief Operating Officer of the AOFM;

(c) Chief Finance Officer of the AOFM.

none