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TOTAL RESULTS: 92

• Inspector-General of Intelligence and Security Amendment Bill 2011

  Track (What's this?)

  Date

  23 Mar 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Special Minister of State for the Public Service and Integrity 

  Summary

  Amends the:

  Inspector-General of Intelligence and Security Act 1986

  to: recognise expressly the role of the Inspector-General of Intelligence and Security (IGIS) in assisting the Government to provide the Parliament and the public with assurances that the use of special powers and capabilities by Australian intelligence and security agencies are subject to scrutiny; enable the IGIS to undertake own-motion preliminary inquiries; extend the IGIS capacity to undertake own-motion full inquiries; enable the IGIS to delegate powers of the agency subject to ministerial approval; enable the IGIS to release material to any Royal Commission at the discretion of the government; and make technical amendments; and

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to make a consequential amendment. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2023 Law Improvement Package No. 1) Bill 2023

  Track (What's this?)

  Date

  14 Jun 2023 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Australian Securities and Investments Commission Act 2001

  ,

  Corporations Act 2001

  and 42 other Acts to implement certain recommendations of the Australian Law Reform Commission’s Financial Services Interim Reports A and B to: ‘unfreeze’ the

  Acts Interpretation Act 1901

  so that the current version applies to the

  Australian Securities and Investments Commission Act 2001

  and

  Corporations Act 2001

  ; create a single glossary of defined terms in the

  Corporations Act 2001

  ; repeal redundant definitions; address unclear or incorrect provisions; simplify unnecessarily complex provisions; and make consequential and contingent amendments;

  Insurance Acquisitions and Takeovers Act 1991

  ,

  Insurance Act 1973

  ,

  Insurance Contracts Act 1984

  ,

  Life Insurance Act 1995

  and

  Terrorism and Cyclone Insurance Act 2003

  to implement findings of the thematic review of insurance instruments due to sunset on 1 October 2023;

  Corporations Act 2001

  and

  National Consumer Credit Protection Act 2009

  to move certain matters currently in legislative instruments into primary law. Also makes minor and technical amendments to 10 Acts in the Treasury portfolio and repeals the

  ASIC Corporations (Superannuation and Schemes: Underlying Investments) Instrument 2016/378

  . 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Cyclone and Flood Damage Reinsurance Pool) Bill 2022

  Track (What's this?)

  Date

  09 Feb 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Terrorism Insurance Act 2003

  to: establish a framework for a cyclone and cyclone-related flood damage reinsurance pool by extending the operation of the terrorism reinsurance scheme administered by the Australian Reinsurance Pool Corporation (ARPC); and amend the title of the Act to the

  Terrorism and Cyclone Insurance Act 2003

  ; and

  Insurance Act 1973

  to create a civil penalty for insurers who do not reinsure eligible cyclone risks with the ARPC. 

  Bill | Explanatory Memorandum

• Corporations Amendment (Asia Region Funds Passport) Bill 2018

  Track (What's this?)

  Date

  28 Mar 2018 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Gives effect to the Australian Government’s commitment, as a signatory to the Memorandum of Cooperation (MOC) on the Establishment and Implementation of the Asia Region Funds Passport (the Passport), to introduce the Asia Region Funds Passport by amending the:

  Corporations Act 2001

  to: incorporate key definitions and the mechanism for incorporating the rules for passport funds into Australian domestic law; specify the processes for Australian and foreign passport funds to offer interests in Australia and for registration of passport funds; specify processes for deregistration of Australian passport funds and de-notification of foreign passport funds; set out requirements in relation to disclosure and financial reporting for foreign passport funds; and provide transitional arrangements for delegations of functions or powers by the minister and certain decisions of ASIC; and

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  ,

  Australian Securities and Investments Commission Act 2001

  and

  Corporations Act 2001

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2016 Measures No. 1) Bill 2016

  Track (What's this?)

  Date

  01 Dec 2016 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Terrorism Insurance Act 2003

  to clarify that losses attributable to terrorist attacks using chemical or biological means are covered by the terrorism insurance scheme;

  Corporations Act 2001

  to: provide that employee share scheme disclosure documents lodged with the Australian Securities and Investments Commission are not made publicly available for certain start-up companies; and provide protection for retail client money and property held by financial services licensees in relation to over-the-counter derivative products;

  Income Tax Assessment Act 1997

  to update the list of deductible gift recipients; and

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to provide income tax relief to eligible New Zealand special category visa holders who are impacted by disasters in Australia. 

  Bill | Explanatory Memorandum

• Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015

  Track (What's this?)

  Date

  20 Aug 2015 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Part of a package of three bills in relation to Australia’s foreign investment framework, the bill amends the:

  Foreign Acquisitions and Takeovers Act 1975

  to: provide a statutory basis for the requirements that apply to foreign government investors; enable the transfer to the Australian Taxation Office of responsibility for administering certain aspects of regulating foreign investment, including residential real estate; introduce civil and criminal penalties; enable the lowering of screening thresholds for investments in the agricultural sector; provide for fees to be payable for foreign investment applications; amend the long title of the Act; and make amendments consequential on the

  Acts and Instruments (Framework Reform) Act 2015

  ; and

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  ,

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment (Reducing Illegal Early Release and Other Measures) Bill 2012

  Track (What's this?)

  Date

  29 Nov 2012 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Introduced with the Income Tax Rates Amendment (Unlawful Payments from Regulated Superannuation Funds) Bill 2012, the bill amends the:

  Superannuation Industry (Supervision) Act 1993

  to provide for civil and criminal penalties for persons who promote a scheme that has resulted, or is likely to result, in the illegal early release of superannuation benefits;

  Anti-Money Laundering and Counter-Terrorism Financing Act 2006

  to require that superannuation benefits that are rolled over into self-managed superannuation funds (SMSFs) are captured as a designated service; and

  Superannuation Industry (Supervision) Act 1993

  and

  Taxation Administration Act 1953

  to provide for administrative directions and penalties for contraventions relating to SMSFs. 

  Bill | Explanatory Memorandum

• Terrorism Insurance Bill 2003

  Track (What's this?)

  Date

  12 Dec 2002 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Renders ineffective terrorism exclusion clauses in eligible insurance contracts and implements a framework for reinsurance for terrorist acts for commercial properties and infrastructure, including business interruption and public liability risks. Also establishes the Australian Reinsurance Pool Corporation which will provide the reinsurance cover; and contains a regulation-making power. 

  Bill | Explanatory Memorandum

• Assisting the Victims of Overseas Terrorism Bill 2010

  Track (What's this?)

  Date

  21 Feb 2011 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  ABBOTT, Tony, MP 

  Summary

  Establishes a framework to provide financial assistance to persons or their next of kin who are injured or killed as a result of an international terrorist act. 

  Bill

• Assisting the Victims of International Terrorism Bill 2009

  Track (What's this?)

  Date

  16 Nov 2009 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  ABBOTT, Tony, MP 

  Summary

  Establishes a framework to provide financial assistance to persons or their next of kin who are injured or killed as a result of an international terrorist act. 

  Bill