Arts Minister Brandis has announced the approval of the National Gallery of Victoria for five years as an approved borrowing institution under the Australian Government’s Protection of Cultural Objects on Loan Scheme.

The National Gallery of Victoria is the first institution to be approved under the new Australian scheme. As an approved borrowing institution the gallery is able to offer legal protection for cultural objects on loan from overseas for temporary public exhibition in Australia.

By reassuring overseas lenders that Australia is a secure destination for loans the scheme ensures greater opportunities for Australian audiences to experience significant international exhibitions.

The National Gallery of Victoria has demonstrated it possesses the necessary frameworks, expertise, experience and resources to meet the high ethical and legal requirements established by the scheme.

http://arts.gov.au/news/2015/06/first-institution-approved-cultural-objects-protection