[no bill text published] Privacy restrictions for Export Finance and Insurance Corporation Gazette notices
Export Finance and Insurance Corporation Amendment (Strategic Reserve) Bill 2026
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
EFIC cannot name parties to contracts, guarantees, or strategic reserve arrangements in Gazette notices.
EFIC can now enter contracts, give guarantees, or make loans to secure strategic materials; this includes critical minerals and certain fuels.
The Minister can decide which fuels count as strategic materials.
The Minister must be satisfied it is in the national interest before approving EFIC loans or strategic reserve arrangements.
The Minister can direct EFIC to enter specific strategic reserve arrangements regardless of the usual terms.
EFIC must publish notices in the Gazette for any approved loans or strategic reserve arrangements.