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Tuesday, 11 September 2012
Page: 10243

Mr BRADBURY (LindsayAssistant Treasurer and Minister Assisting for Deregulation) (18:45): I present a supplementary explanatory memorandum to the bill. By leave—I move government amendments (1) to (3) as circulated together:

(1) Schedule 1, item 3, page 3 (line 24), at the end of the definition of depository nominee, add:

; or (c) has a beneficial interest in.

(2) Schedule 1, page 4 (after line 30), after item 7, insert:

7A At the end of Part II


13C Arrangements etc. relating to stock and depository interests

   On behalf of the Commonwealth, the Treasurer may enter into, vary, administer or otherwise give effect to a contract, agreement or arrangement relating, directly or indirectly, to one or more of the following:

(a) the issue, management or transfer of stock or depository interests;

(b) the trading of stock or depository interests on a financial market;

(c) services relating to one or more of the following:

   (i) a registry that relates to stock or depository interests;

   (ii) a clearing and settlement facility;

   (iii) depository nominees.

(3) Schedule 2, item 2, page 13 (line 8), after "3A,", insert "13C,".