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Asset Recycling Fund Bill 2014

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2013-2014

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

Asset Recycling Fund Bill 2014

 

 

( 1 )     Clause  2 , page 1 (line 9) , omit “ 1 July 2014 ”, substitute “the day after this Act receives the Royal Assent”.

[commencement]

(2)     Clause 4, page 3 (lines 30 and 31), omit “ Financial Management and Accountability Act 1997 ”, substitute “ Public Governance, Performance and Accountability Act 2013 ”.

[public governance]

(3)     Clause 4, page 4 (lines 24 and 25), omit “ Financial Management and Accountability Act 1997 ”, substitute “ Public Governance, Performance and Accountability Act 2013 ”.

[public governance]

( 4 )     Clause  8 , page 9 (line 1) , omit “ appropriate ”, substitute “ permissible ”.

[alternative constitutional basis]

( 5 )     Clause  8 , page 9 (line 3) , omit “ powers ”, substitute “ power ”.

[alternative constitutional basis]

(6)     Clause 12, page 11 (lines 10 to 12), omit “Special Account for the purposes of the Financial Management and Accountability Act 1997 ”, substitute “special account for the purposes of the Public Governance, Performance and Accountability Act 2013 ”.

[public governance]

( 7 )     Clause  12 , page 11 (lines 13 to 17) , omit “ Special Account ” (wherever occurring), substitute “ special account ”.

[public governance]

( 8 )     Clause  13 , page 12 (line 5) , omit “ On the commencement of this section ”, substitute “At the start of the 28th day after this section commences”.

[credits]

( 9 )     Clause  13 , page 12 (line 17) , omit “ On the commencement of this section ”, substitute “At the start of the 28th day after this section commences”.

[credits]

( 10 )   Clause  16 , page 15 (lines 16 and 17) , omit the note, substitute:

Note:          See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

[public governance]

( 11 )   Clause  17 , page 17 (lines 13 and 14) , omit the note, substitute:

Note:          See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

[public governance]

(12)   Clause 21, page 19 (line 22), at the end of subclause (2), add “The State or Territory must comply with any such terms and conditions.”.

[terms and conditions]

(13)   Clause 22, page 20 (lines 2 and 3), omit “Special Account for the purposes of the Financial Management and Accountability Act 1997 ”, substitute “special account for the purposes of the Public Governance, Performance and Accountability Act 2013 ”.

[public governance]

( 14 )   Clause  22 , page 20 (lines 4 to 8) , omit “ Special Account ” (wherever occurring), substitute “ special account ”.

[public governance]

( 15 )   Clause  23 , page 20 (lines 14 and 15) , omit the note, substitute:

Note:          See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

[public governance]

(16)   Clause 27, page 22 (line 12), at the end of subclause (2), add “The person must comply with any such terms and conditions.”.

[terms and conditions]

(17)   Clause 28, page 22 (line 26), at the end of subclause (2), add “The person must comply with any such terms and conditions.”.

[terms and conditions]

( 18 )   Clause  34 , page 26 (line 23) , omit “ On the day that this section commences ”, substitute “On the 28th day after this section commences”.

[credits]

( 19 )   Clause  34 , page 27 (line 14) , omit “ On the day that this section commences ”, substitute “On the 28th day after this section commences”.

[credits]

(20)   Clause 35, page 28 (lines 17 and 18), omit “Section 39 of the Financial Management and Accountability Act 1997 ”, substitute “Section 58 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by the Commonwealth)”.

[public governance]

( 21 )   Clause  47 , page 36 (lines 26 to 28) , to be opposed .

[public governance]