RMG-414 has been updated to enhance clarity and readability. There have been no policy changes. For any questions, please contact your Agency Advice Unit for help on indemnity budget/financial matters or PGPA for help on indemnity policy matters.
RMGs are guidance documents. The purpose of an RMG is to support PGPA Act entities and companies in meeting the requirements of the PGPA framework. As guides, RMGs explain the legislation and policy requirements in plain English. RMGs support accountable authorities and officials to apply the intent of the framework. It is an official’s responsibility to ensure that Finance guidance is monitored regularly for updates, including changes in policy/requirements.
Audience
This guide is relevant to officials in non-corporate Commonwealth entities who:
- have been sub-delegated by their accountable authority the power to enter into an arrangement to provide an indemnity, guarantee or warranty on behalf of the Commonwealth,
- need to brief their accountable authority about an indemnity, guarantee or warranty, or
- are considering requesting the Finance Minister approve an indemnity, guarantee or warranty.
Key points
This guide provides advice on:
how to enter into arrangements that provide indemnities, guarantees and warranties (collectively referred to as indemnities)
who can grant indemnities?
what needs to be considered by officials before granting an indemnity?
indemnities beyond the scope of the Finance Minister's Delegation
how to manage and report indemnities.
Resources
Related resources including other guidance, links, glossary terms, publications, and relevant sections of the PGPA Act and Rule and other legislation are located under Related Resources in the right-hand menu.
- This form assists entities with providing the information required for the Finance Minister to consider an indemnity request and is available under Tools and templates.
