PGPA Act

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Efic is a corporate Commonwealth entity and is subject to the Public Governance, Performance and Accountability Act 2013 (PGPA Act) and to the rules and other instruments made under it. The PGPA Act sets out the requirements in relation to aspects of Efic's corporate governance, reporting and accountability which are additional to those in the Export Finance and Insurance Corporation Act 1991.

For more information about the PGPA Act, visit the Department of Finance and Deregulation website.

Efic also has a specific authority for investing funds as outlined in the Public Governance, Performance and Accountability (Investment) Authorisation 2014.