Payment Times Reporting (Regulator) Delegations 2025
I, Anne Aly, Minister for International Development, Minister for Small Business and Minister for Multicultural Affairs, make the following delegations.
Dated 26 November 2025
Dr Anne Aly
Minister for International Development
Minister for Small Business
Minister for Multicultural Affairs
Contents
Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Definitions
Part 2—Delegations
5 Delegations
Part 1—Preliminary
1 Name
This instrument is the Payment Times Reporting (Regulator) Delegations 2025.
2 Commencement
(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. | |
Note: This table relates only to the provisions of this instrument as originally made.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.
3 Authority
This instrument is made under the Payment Times Reporting Act 2020.
4 Definitions
Note: Expressions have the same meaning in this instrument as in the Payment Times Reporting Act 2020 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.
In this instrument:
the Act means the Payment Times Reporting Act 2020.
Part 2—Delegations
5 Delegations
Under subsection 55B(1) of the Act, the Regulator is delegated all of the minister’s functions and powers under Division 4 of Part 2 of the Act.
Note: Division 4 of Part 2 of the Act is about slow small business payers.
Overview
The Payment Times Reporting (Regulator) Delegations 2025I, enacted by Dr Anne Aly, who serves as the Minister for International Development, Minister for Small Business, and Minister for Multicultural Affairs, delegate certain functions and powers of the minister under the Payment Times Reporting Act 2020 to the Regulator. This legislation aims to address the problem of slow payments to small businesses, ensuring that these businesses receive payments in a timely manner. The entire instrument takes effect the day after its registration. This delegation is intended to streamline the regulatory process and enhance the efficiency with which the Act's provisions are enforced, ultimately supporting small businesses and ensuring fair payment practices within the business community.
Scope and Application
The Payment Times Reporting (Regulator) Delegations 2025I, authored by Dr. Anne Aly, who holds the positions of Minister for International Development, Minister for Small Business, and Minister for Multicultural Affairs, outlines specific delegations under the Payment Times Reporting Act 2020. This instrument comes into effect the day after its registration, as stipulated in the commencement section. The authority for these delegations stems from the Payment Times Reporting Act 2020, and it adopts the same definitions as those in the Act, with specific reference to the Legislation Act 2003. The key delegation made under this instrument is the transfer of all the minister's functions and powers under Division 4 of Part 2 of the Act, which pertains to slow small business payers, to the Regulator. This delegation encompasses the regulatory oversight and enforcement mechanisms necessary to ensure compliance with payment timelines mandated by the Act.
Key Provisions
The Payment Times Reporting (Regulator) Delegations 2025 (the instrument) establishes the delegations made under the Payment Times Reporting Act 2020 (the Act). Section 1 of the instrument names it as the Payment Times Reporting (Regulator) Delegations 2025. Section 2 outlines that the whole of the instrument commences on the day after it is registered. The instrument is made under the Act, as stated in Section 3. The terms used in the instrument have the same meanings as those defined in the Act, as per Section 4.
The primary operative section of the instrument is Section 5, which delegates all of the minister’s functions and powers under Division 4 of Part 2 of the Act to the Regulator. This delegation is made under subsection 55B(1) of the Act and pertains to the regulation of slow small business payers. Division 4 of Part 2 of the Act deals specifically with provisions concerning the reporting of payment times and the enforcement mechanisms for small businesses that fail to meet these reporting standards.
The obligations and requirements imposed by this instrument on the parties or entities it governs include the transfer of specific functions and powers from the Minister to the Regulator. This delegation is critical as it enables the Regulator to enforce compliance with the payment times reporting requirements under Division 4 of Part 2 of the Act. The Regulator is now responsible for overseeing the reporting process, ensuring that small businesses adhere to the mandated timelines for payments. This transfer of authority facilitates a more streamlined and efficient enforcement mechanism.
In terms of consequences for breach, the instrument itself does not explicitly state penalties or civil/criminal consequences. However, the overarching Payment Times Reporting Act 2020 likely includes provisions that outline the penalties for non-compliance. These could include fines, administrative penalties, or other enforcement actions that are consistent with the Act's regulatory framework. The exact nature and extent of these penalties would be detailed within the Act, which the instrument refers to for its definitions and scope.