Summary
Amends the:
Australian Securities and Investments Commission Act 2001
and
Corporate Collective Investment Vehicle Framework and Other Measures Act 2002
to facilitate the return of responsibility and resources for administering Commonwealth business registers from the Australian Taxation Office to the Australian Securities and Investments Commission, in winding up the Modernising Business Registers Program;
Competition and Consumer Act 2010
in relation to the regulation of safety and information standards and the penalty regime for industry codes;
Housing Australia Act 2018
to increase the cap on the Housing Australia Special Account to $4 billion; and
Income Tax Assessment Act 1997
to update the list of deductible gift recipients. Also amends 6 Acts in the Treasury portfolio to make miscellaneous and technical amendments and 2 other Acts to make contingent amendments.