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Australian Financial Security Authority Outcome 1

Description

Maintain confidence in Australia's personal insolvency and personal property securities systems by delivering fair, efficient and effective regulatory, trustee, registry and information services

# Program Body Contribution
1.1 Australian Financial Security Authority Program 1.1 Australian Financial Security Authority

- Personal Insolvency and Trustee Services Administer the Bankruptcy Act, regulate bankruptcy trustees and debt agreement administrators, review decisions of trustees and investigate allegations of offences under the Bankruptcy ActAdminister bankruptcies and other personal insolvency arrangementsOperate a public bankruptcy registry service with compliance and coercive powers to assist bankruptcy trustees to discharge their responsibilitiesAdminister funds and property in accordance with orders made under the Proceeds of Crime Act 2002 and other Commonwealth legislation

1.2 Australian Financial Security Authority Program 1.2 Australian Financial Security Authority

Operation of a National Register of Security Interests in Personal Property Administer the official government register of security interests in personal property to provide single online place for people to: * register their security interests in personal property to protect those interests, and * search to see if personal property is covered by a security interestSupport the Registrar of Personal Property Securities to ensure that the PPSR is managed responsibly, made available to use and contains information that is reliable, in addition to making decisions about the use of the PPSR and investigating misuse

# Program Body Contribution
1.1 Australian Federal Police 1.1 Australian Federal Police

AFSA provides regulatory advice and information to the AFP to support proceeds of
crime work and financial investigations such as foreign bribery and fraud.
AFSA exchanges information with the Australian Taxation Office and administers the
bankruptcy notices and payment arrangements to support this service.

1.1 Australian Taxation Office 1.1 Australian Taxation Office

AFSA provides regulatory advice and information to the AFP to support proceeds of
crime work and financial investigations such as foreign bribery and fraud.
AFSA exchanges information with the Australian Taxation Office and administers the
bankruptcy notices and payment arrangements to support this service.

Body Outcome Outcome owner Contribution
Australian Financial Security Authority Program 1.1 Australian Financial Security Authority Australian Taxation Office Outcome 1 Australian Taxation Office

Australian Financial Security Authority exchanges information with the ATO and
administers the bankruptcy notices and payment arrangements to support this service.

Contributing programs
Appropriations
Appropriation Appropriation subtype 2023-24 2022-23
Budget Estimate Estimated Actual
Special Accounts 59,213,000.00 57,993,000.00
Administered Non-operating 0.00 0.00
Administered Operating 0.00 0.00
Administered Special Appropriation 3,000,000.00 3,000,000.00
Administered Special Purpose Payments 0.00 0.00
Administered Assets and Liabilities 0.00 0.00
Administered Subtotal 3,000,000.00 3,000,000.00
Departmental External Revenue 46,403,000.00 45,660,000.00
Departmental Non-operating 0.00 0.00
Departmental Operating 57,291,000.00 57,202,000.00
Departmental Special Appropriation 0.00 0.00
Departmental Equity Injections 0.00 0.00
Departmental Subtotal 103,694,000.00 102,862,000.00
Total 165,907,000.00 163,855,000.00

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.