Save Search

Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
   View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 9 December 1999
Page: 13252

Bill returned from the Senate with amendments.

Ordered that the amendments be taken into consideration forthwith.

Senate's amendments—

(1) Schedule 1, item 13, page 6 (lines 14 and 15), omit "any of paragraphs 71(1)(b) to (f) or paragraph 71(1)(h)", substitute "paragraph 71(1)(b), (ba), (c), (d), (e), (f), (h) or (j)".

(2) Schedule 1, item 28, page 12 (line 31), at the end of the item, add:

; or (j) an asset included in a class of assets specified in the regulations:

(i) not to be in-house assets of any fund; or

(ii) not to be in-house assets of a class of funds to which the fund belongs.

For this purpose, a class of assets may consist of, but is not limited to, assets that are investments in entities that undertake, or do not undertake, specified activities.

(3) Schedule 1, item 34, page 14 (line 24), omit "(i)", substitute "(j)".

(4) Schedule 1, page 14 (after line 27), after item 34, insert:

34A Subsection 71(5)

Omit all the words from and including "may" to and including "was", substitute "or regulations under paragraph (1)(j) may be expressed to have taken effect at a time earlier than the time when the determination or regulations were".

Note: The heading to subsection 71(5) is altered by inserting "or paragraph (1)(j) regulations " after "determinations ".

(5) Schedule 1, item 35, page 15 (line 15), omit "pre-12 May 1998 ", substitute "pre-11 August 1999 ".

(6) Schedule 1, item 35, page 16 (line 28), omit "pre-12 May 1998 ", substitute "pre-11 August 1999 ".

(7) Schedule 1, item 35, page 22 (lines 1 and 2), omit all the words from and including "7.30" to and including "1998", substitute "the end of 11 August 1999".

(8) Schedule 1, item 46, page 24 (lines 10 to 14), omit all the words from and including "after" to and including "(the test time )", substitute "after the end of 11 August 1999 (the test time ), unless the asset was acquired under a contract entered into before the test time".

(9) Schedule 1, item 46, page 24 (line 18), omit "the test time", substitute "7.30 pm by legal time in the Australian Capital Territory on 12 May 1998".

(10) Schedule 1, item 46, page 24 (line 29), omit "the introduction time", substitute "the test time".

(11) Schedule 1, item 46, page 25 (line 3), omit "the introduction time", substitute "the test time".