Financial Framework (Supplementary Powers) Amendment (Defence Measures No. 1) Regulation 2016 (Cth)

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Financial Framework (Supplementary Powers) Amendment (Defence Measures No. 1) Regulation 2016

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.

Dated 28 September 2016

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Mathias Cormann

Minister for Finance

Contents

1Name

This is the Financial Framework (Supplementary Powers) Amendment (Defence Measures No. 1) Regulation 2016.

2Commencement
  1. (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.

The whole of this instrument

The day after this instrument is registered.

5 October 2016

Note: This table relates only to the provisions of this instrument as originally made.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.

  1. (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.

3Authority

This instrument is made under the Financial Framework (Supplementary Powers) Act 1997.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

Financial Framework (Supplementary Powers) Regulations 1997

  1. 1

    In the appropriate position in Part 4 of Schedule 1AB (table)

Insert:

166

Centre for Defence Industry Capability

To support defence sector enterprises to meet the capability needs of the Department administered by the Minister administering section 1 of the Defence Act 1903 (including the Australian Defence Force), and to promote the export of products and services of Australia’s defence industry sector, including by providing funding:

(a) for the provision of advisory and facilitation services to defence sector enterprises, or to enable those enterprises to access such services; and

(b) for grants to defence sector enterprises; and

(c) for projects directed to enhancing the capability of the defence industry sector generally.

This objective also has the effect it would have if it were limited to providing funding for activities to be carried out:

(a) for the purposes of the defence of Australia; or

(b) in connection with trade or commerce:

(i) between Australia and other countries; or

(ii) among the States; or

(iii) between Territories or between a Territory and a State; or

(c) for purposes relating to matters incidental to the execution of any of the legislative powers of the Parliament or the executive power of the Commonwealth.

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