- Date
-
21 Jun 2007
- Chamber
-
Senate
- Status
-
Not Proceeding
-
Sponsor
-
FIELDING, Sen Steve
- Summary
-
Amends the
Australian Securities and Investments Commission Act 2001
to: limit banking and credit card penalty fees by ensuring fees are for cost recovery only; and enhance the powers of the Australian Securities and Investments Commission to monitor penalty fees and investigate customer complaints.