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Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

Bills of the current Parliament

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Superannuation Legislation Amendment (Trustee Governance) Bill 2015


Type
Government
Originating house
House of Representatives
Status
Not Proceeding
Portfolio
Treasury

Summary

Amends the Superannuation Industry (Supervision) Act 1993 to require trustees of registrable superannuation entity licensees to have a minimum of one-third independent directors and an independent chair on their boards; and make consequential amendments; and the Governance of Australian Government Superannuation Schemes Act 2011 to restructure the board of the Commonwealth Superannuation Corporation by reducing the number of directors from eleven to nine and providing for the majority of the directors to be independent.

Progress of bill

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

House of Representatives
Introduced and read a first time 16/09/15  
Second reading moved 16/09/15  
Second reading debate 19/10/15  
Second reading debate 20/10/15  
Second reading agreed to 20/10/15  
Third reading agreed to 20/10/15  
     
Senate
Introduced and read a first time 09/11/15  
Second reading moved 09/11/15  
Second reading debate 25/11/15  
Second reading agreed to 25/11/15  
Lapsed at prorogation 17/04/16  
     

Text of bill

  • First reading

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Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML
  • Addendum to explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

Senate
  • Australian Motoring Enthusiast Party [sheet 7834]
MUIR, Sen Ricky

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (17/09/2015): Senate Economics Legislation Committee; Committee report (09/11/2015)
  • Access information for House of Representatives and Senate committees