Bills Digest no. 65 2009–10
ACIS Administration Amendment (Application) Bill 2009
WARNING:
This Digest was prepared for debate. It reflects the legislation as introduced
and does not canvass subsequent amendments. This Digest does not have
any official legal status. Other sources should be consulted to determine
the subsequent official status of the Bill.
CONTENTS
Passage history
Purpose
Background
Main provisions
Contact officer & copyright details
Passage history
Date introduced: 18 November 2009
House: House of Representatives
Portfolio: Innovation, Industry, Science and Research
Commencement: On the date of Royal Assent.
Links: The relevant links to the Bill, Explanatory Memorandum
and second reading speech can be accessed via BillsNet, which is at http://www.aph.gov.au/bills/. When Bills have been passed they can
be found at ComLaw, which is at http://www.comlaw.gov.au/.
The Bill
amends the ACIS Administration Amendment Act 2009 (the Act) to correct
an unintended consequence arising from the Act’s link to the commencement of
the Automotive Transformation Scheme Act 2009.
The Government’s policy arrangements for the automotive
industry were announced in
A New Car Plan for a Greener Future. The two pieces of legislation
implementing the policy arrangements, the ACIS Administration Amendment Bill 2009
and the Automotive Transformation Scheme Bill 2009, were enacted on 29
September 2009.
To assist with the transition from the Automotive
Competitiveness and Investment Scheme to the Automotive Transformation Scheme
additional assistance will be provided to motor vehicle producers in 2010 under
the Act. The additional assistance which is estimated at $79.6 million arises
from changes to the formula for calculating unmodulated production credits.[1]
The Bill clarifies that the commencement of the Act is 1
January 2010 as intended and that additional assistance to motor vehicle
producers will apply from that date. It removes any doubt that the new
provisions for calculating unmodulated production credits could be applied to
the production of motor vehicles, engines and engine components in the final
three months of 2009.
Schedule
1
ACIS
Administration Amendment Act 2009
Item 1 replaces the commencement date in the Act to
make it explicit that the amendments to the Automotive Competitiveness and
Investment Scheme commence on
1 January 2010.
Item 2 provides that items 12-16 of the Act apply to working
out unmodulated production credits for a quarter beginning on or after 1
January 2010.
Members, Senators and
Parliamentary staff can obtain further information from the Parliamentary
Library on (02) 6277 2465.
Michael Priestley
23 November 2009
Bills Digest Service
Parliamentary Library
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