Insurance Contracts Amendment Bill 2012

Previous Citations
  • Insurance Contracts Amendment Bill 2011
Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
43

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Summary

Amends the Insurance Contracts Act 1984 to enable regulations to be made to: establish a standard definition of flood for riverine flooding in home building and home contents insurance contracts and contracts held by small businesses and strata titles; and require insurance providers to provide consumers with a key facts sheet for home building and home contents insurance contracts.

Progress

House of Representatives
Introduced and read a first time 23 Nov 2011
Second reading moved 23 Nov 2011
Second reading debate 13 Mar 2012
Referred to Federation Chamber 14 Mar 2012
Second reading debate 14 Mar 2012
Second reading agreed to 14 Mar 2012
Consideration in detail debate
  • Amendment details: 6 Government agreed to
14 Mar 2012
Reported from Federation Chamber 19 Mar 2012
Third reading agreed to 19 Mar 2012
Senate
Introduced and read a first time 20 Mar 2012
Second reading moved 20 Mar 2012
Second reading debate 21 Mar 2012
Second reading agreed to 21 Mar 2012
Third reading agreed to 21 Mar 2012
Text of bill as passed both Houses 21 Mar 2012
Assent
  • Act no.: 41
  • Year: 2012
15 Apr 2012

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

House of representatives

Schedules of amendments

Bills digest

Notes

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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