Medibank Private Sale Bill 2006

Type
Government
Portfolio
Finance and Administration
Originating house
House of Representatives
Status
Act
Parliament no
41

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Summary

The bill: amends the Health Insurance Commission (Reform and Separation of Functions) Act 1997 to permit the Commonwealth to sell its shares in Medibank Private Limited (Medibank); facilitates the sale of the Commonwealth’s equity in Medibank; and permits Medibank to operate on a “for profit” basis. Also makes consequential amendments to the National Health Act 1953, Commonwealth Borrowing Levy Act 1987 and Remuneration Tribunal Act 1973.

Progress

House of Representatives
Introduced and read a first time 18 Oct 2006
Second reading moved 18 Oct 2006
Second reading agreed to 02 Nov 2006
Third reading agreed to 02 Nov 2006
Senate
Introduced and read a first time 06 Nov 2006
Second reading moved 06 Nov 2006
Second reading debate 30 Nov 2006
Second reading agreed to 04 Dec 2006
Third reading agreed to 05 Dec 2006
Assent
  • Act no.: 160
  • Year: 2006
11 Dec 2006

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

Senate

Schedules of amendments

No documents at present

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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