Second Reading Speeches

Treasury Laws Amendment (Modernising Business Communications and Other Measures) Bill 2023

Previous Citations
  • Treasury Laws Amendment (Modernising Business Communications and Other Measures) Bill 2022
Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
47

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Summary

Amends the:

Corporations Act 2001
to: enable all documents under the Act to be signed electronically and for certain documents to be sent in either hard copy or electronic form; and provide that companies are not required to send documents to a member where contact details are known to be incorrect;
Australian Prudential Regulation Authority Act 1998
,
Australian Securities and Investments Commission Act 2001
,
Competition and Consumer Act 2010
,
National Consumer Credit Protection Act 2009
and
Tax Agent Services Act 2009
to enable certain regulatory bodies to hold virtual hearings and examinations;
Corporations Act 2001
,
Excise Act 1901
and
Small Superannuation Accounts Act 1995
to allow electronic payments to be used; 11 Acts to require notices in newspapers to be published in an accessible and reasonably prominent manner;
Australian Securities and Investments Commission Act 2001
,
Corporations Act 2001
,
ASIC Supervisory Cost Recovery Levy Act 2017
and
Taxation Administration Act 1953
to: remove erroneous references and redundant definitions; apply consistent headings to definitions sections; and make minor technical amendments;
Corporations Act 2001
,
National Consumer Credit Protection Act 2009
and
National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
to move five legislative instruments into primary law; and 15 Acts to make minor technical amendments.

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