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• Corporations Legislation Amendment (Financial Reporting Panel) Bill 2012

  Track (What's this?)

  Date

  21 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Australian Securities and Investments Commission Act 2001

  ,

  Corporations Act 2001

  and

  Corporations (Fees) Act 2001

  to close the Financial Reporting Panel by repealing its functions and powers; and

  Corporations Act 2001

  to enable courts or tribunals to continue to have regard to previous reports by the panel. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (Investment Manager Regime) Bill 2012

  Track (What's this?)

  Date

  21 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to prescribe the tax treatment of returns, gains, losses and deductions on certain investments of widely held foreign funds;

  Income Tax (Transitional Provisions) Act 1997

  to clarify the tax treatment of returns, gains, losses and deductions on certain investments of widely held foreign funds for the 2010-11 and earlier income years where the fund has not lodged a tax return or had an assessment made of their income tax liability; and proposed

  Tax Laws Amendment (Cross-Border Transfer Pricing) Act (No. 1) 2012

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (Managed Investment Trust Withholding Tax) Bill 2012

  Track (What's this?)

  Date

  21 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of two bills in relation to the managed investment trust (MIT) withholding tax, the bill amends the

  Taxation Administration Act 1953

  to make consequential amendments to give effect to the increase in the MIT final withholding tax rate imposed by the proposed

  Income Tax (Managed Investment Trust Withholding Tax) Amendment Act 2012

  . 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 3) 2012

  Track (What's this?)

  Date

  26 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Responds to the High Court’s decision in

  Williams v Commonwealth

  [2012] HCA 23 by amending the:

  Financial Management and Accountability Act 1997

  (FMA Act) to empower the Commonwealth, where authority does not otherwise exist, to make, vary or administer arrangements under which public money is or may become payable, or to make grants of financial assistance, including payments or grants for the purposes of particular programs, where those arrangements or grants are specified in regulations;

  Administrative Decisions (Judicial Review) Act 1977

  to clarify that decisions made under these provisions of the FMA Act are not subject to judicial review; and Financial Management and Accountability Regulations 1997 to specify, for the purposes of these provisions of the FMA Act, arrangements, grants and programs. 

  Bill | Explanatory Memorandum

• Commonwealth Government Securities Legislation Amendment (Retail Trading) Bill 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Commonwealth Inscribed Stock Act 1911

  to facilitate trading of beneficial interests in Commonwealth Government Securities (CGS) on financial markets in Australia that are accessible to retail investors; and

  Corporations Act 2001

  to: require financial advisers to provide a prescribed information statement to retail clients when they give them personal advice about investing in CGS; and make technical amendments. 

  Bill | Explanatory Memorandum

• Customs Amendment (Anti-dumping Improvements) Bill (No. 3) 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Home Affairs 

  Summary

  Amends the

  Customs Act 1901

  to: align provisions dealing with countervailable subsidies with the World Trade Organization Agreement on Subsidies and Countervailing Measures; enable the Australian Customs and Border Protection Service to conduct inquiries to address the circumvention of trade measures by exporters or importers of goods which are subject to measures; amend sampling provisions relating to non-cooperation in anti-dumping investigations, reviews of anti-dumping measures or continuation inquiries; and make technical amendments. 

  Bill | Explanatory Memorandum

• Customs Amendment (Smuggled Tobacco) Bill 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Attorney-General 

  Summary

  Amends the

  Customs Act 1901

  to create criminal offences for the smuggling of tobacco products and for the conveyance and possession of smuggled tobacco products. 

  Bill | Explanatory Memorandum

• Electoral and Referendum Amendment (Improving Electoral Procedure) Bill 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Special Minister of State 

  Summary

  Amends the:

  Commonwealth Electoral Act 1918

  and

  Referendum (Machinery Provisions) Act 1984

  to: remove the prescription relating to how postal votes are processed and facilitate technological developments over time; and make technical amendments; and

  Commonwealth Electoral Act 1918

  to: increase to $1000 and $2000, respectively, the nomination deposit that must be paid by or on behalf of candidates for the House of Representatives and the Senate; increase to 100 the number of electors required to nominate an unendorsed candidate; and require unendorsed Senate candidates, who have made a request to be grouped, to each be nominated by 100 unique electors. 

  Bill | Explanatory Memorandum

• Fisheries Legislation Amendment Bill (No. 1) 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Agriculture, Fisheries and Forestry 

  Summary

  Amends the

  Fisheries Management Act 1991

  and

  Fisheries Administration Act 1999

  to: facilitate the implementation of electronic monitoring (e-monitoring) of fishing and fishing-related activities undertaken by Commonwealth fishing concession and scientific permit holders, for the purposes of data collection and compliance monitoring; and make consequential amendments; and

  Fisheries Management Act 1991

  in relation to: fishery closures; waiver of levies payable for surrendered statutory fishing rights; and responsibility of corporations and other concession holders for unlawful conduct of their directors, employees or agents. 

  Bill | Explanatory Memorandum

• Health Insurance Amendment (Extended Medicare Safety Net) Bill 2012

  Track (What's this?)

  Date

  27 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Health and Ageing 

  Summary

  Amends the

  Health Insurance Act 1973

  to: enable the Extended Medicare Safety Net (EMSN) benefit caps to apply where more than one Medicare service is performed on the same patient on the same occasion and is deemed to be ‘one professional service’; and enable the Chief Executive Medicare to determine the manner in which families confirm the composition of their family for Medicare Safety Net and EMSN purposes. 

  Bill | Explanatory Memorandum