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Bills of previous Parliaments

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.

Corporations Legislation Amendment (Financial Services Modernisation) Bill 2009


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Corporations Act 2001 to: set a national regulatory regime for margin loans; require that promissory notes valued at $50,000 or over are subject to the same regulatory regime as debentures; require the establishment of a public register of debenture trustees; and provide that Australian Capital Territory courts have jurisdiction for certain offences; and Australian Securities and Investments Commission Act 2001 and Corporations Act 2001 to transfer the regulation of trustee companies from the states and territories to the Commonwealth.

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 25/06/09  
Second reading moved 25/06/09  
Referred to Main Committee 08/09/09  
Second reading debate 10/09/09  
Second reading debate 14/09/09  
Consideration in detail debate 14/09/09 Amendment details: 14 government agreed to
Reported from Main Committee 15/09/09  
Third reading agreed to 15/09/09  
     
Senate
Introduced and read a first time 26/10/09  
Second reading moved 26/10/09  
Second reading debate 26/10/09  
Second reading agreed to 26/10/09  
Third reading agreed to 26/10/09  
     
Text of bill as passed both Houses 26/10/09  
Assent 06/11/09 Act no.: 108 of 2009
     

Text of bill

  • First reading

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  • Third reading

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  • As passed by both Houses

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Explanatory memoranda

  • Explanatory memorandum

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  • Supplementary explanatory memorandum

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  • Revised explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Government [sheet BT210]

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Schedules of amendments

  • Main Committee Schedule

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Bills Digest



Notes
  • Referred to Committee (25/06/2009): Senate Economics Legislation Committee
  • Committee report (07/09/2009)
  • Access information for House of Representatives and Senate committees
  • An electronic version of this Act is available in ComLaw ( www.comlaw.gov.au )