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TOTAL RESULTS: 55
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- Date
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15 Sep 2011
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Treasury
- Summary
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Amends the
Banking Act 1959
to establish a framework for the issue of covered bonds by: enabling authorised deposit institutions to issued covered bonds; and providing that the Australian Prudential Regulation Authority set prudential standards for the issue of the bonds.
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- Date
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15 Jun 2010
- Chamber
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Senate
- Status
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Not Proceeding
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Sponsor
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BROWN, Sen Bob
- Summary
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Amends the
Banking Act 1959
to: require banks to offer basic transaction accounts and to limit other fees to cost recovery; provide that transactions at a bank’s own-branded ATMs are free of charge; cap charges for the use of a bank’s ATMs by customers of another authorised deposit-taking institution (ADI); require ADIs to offer a fixed interest gap mortgage; cap mortgage exit fees at cost recovery; and require uniform identification of exit fees in advertising and mortgage contracts.
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- Date
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15 Nov 2010
- Chamber
-
House of Representatives
- Status
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Not Proceeding
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Sponsor
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BANDT, Adam, MP
- Summary
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Amends the
Banking Act 1959
to: require banks to offer basic transaction accounts and to limit other fees to cost recovery; provide that transactions at a bank’s own-branded ATMs are free of charge; cap charges for the use of a bank’s ATMs by customers of another authorised deposit-taking institution (ADI); require ADIs to offer fixed interest gap loans and mortgages; cap mortgage and loan exit fees at cost recovery; and require uniform identification of exit fees in advertising and in mortgage and loan contracts.
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- Date
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25 Jun 2009
- Chamber
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Senate
- Status
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Not Proceeding
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Sponsor
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FIELDING, Sen Steve
- Summary
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Amends the
Banking Act 1959
to enable the Treasurer to determine that the Financial Claims Scheme no longer apply to a bank which either withholds an interest rate cut or increases its variable standard rate in response to an official interest rate reduction.
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- Date
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22 Aug 2011
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Sponsor
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BANDT, Adam, MP
- Summary
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Amends the:
Banking Act 1959
to: impose certain conditions on authorised deposit-taking institutions (ADIs) in relation to the transfer of personal transaction accounts; and require ADIs that offer term deposits to provide certain information when those deposits are due for reinvestment; and National Consumer Credit Protection Act 2009
to: require credit contracts to expressly include advice of any unjust transactions and unconscionable interest and other charges; and provide for the termination of mortgage indemnity insurance contracts when the related mortgage is terminated and the rebate of associated premiums.
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- Date
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07 Jun 2001
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Attorney-General portfolio
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- Date
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21 Mar 2002
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Attorney-General
- Summary
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Amends the:
Bankruptcy (Estate Charges) Act 1997
to close a loophole by imposing the realisations charge and the interest charge on amounts received by all persons (not only trustees) who are controlling trustees; and Bankruptcy (Estate Charges) Amendment Act 2001
to provide for commencement of the Act (as the existing commencement provision is tied to commencement of the Bankruptcy Legislation Amendment Bill 2001 which lapsed last Parliament). Also contains application provisions.
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- Date
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15 Feb 2007
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
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Attorney-General
- Summary
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Amends the
Bankruptcy (Estate Charges) Act 1997
to extend the application of the realisations charge and interest charge to money received by debt agreement administrators pursuant to debt agreements made under the Bankruptcy Act 1966
.
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- Date
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07 Dec 2005
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Attorney-General
- Summary
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Amends the
Bankruptcy Act 1966
to strengthen anti-avoidance provisions which allow trustees to recover property disposed of prior to bankruptcy or owned by a third person but acquired by that person using the bankrupt’s resources.
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- Date
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15 Feb 2007
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Attorney-General
- Summary
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Amends the
Bankruptcy Act 1966
in relation to the operation of debt agreements under Part IX by providing for: the registration of administrators; proportional payments under an agreement to administrators and creditors; debtors’ proposals to be accepted by a majority in value of creditors; mechanisms to deal with defaulting debtors; and clarifying the operation of the Act in relation to: deregistered administrators; debts covered by an agreement; treatment of secured creditors; and investigative powers of the Inspector-General in Bankruptcy.
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