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Bills of the current Parliament

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Aboriginal and Torres Strait Islander Amendment (A Stronger Land Account) Bill 2014


Type
Private
Originating house
Senate
Status
Before Senate
Sponsor
SIEWERT, Sen Rachel

Summary

Amends the: Aboriginal and Torres Strait Islander Act 2005 to: clarify the purpose of the Aboriginal and Torres Strait Islander Land Account; provide for excess returns from Land Account investments to be equally shared between the Account and the Indigenous Land Corporation (ILC); provide that the minister may have regard to advice provided by the ILC about its financial requirements; provide for parliamentary review of any proposed changes to the ILC and the Land Account; provide for the establishment of a Nomination Committee to make recommendations about appointments to the ILC Board; require the ILC Board to establish a Risk and Audit Management Committee; limit the tenure and reappointments of directors; require the chair and directors to disclose all pecuniary interests; and require the ILC Board to determine a code of conduct.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

Senate
Introduced and read a first time 24/06/14  
Second reading moved 24/06/14  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (26/06/2014): Senate Community Affairs Legislation Committee; Report due 03/12/2014
  • Access information for House of Representatives and Senate committees