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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.

Carbon Credits (Consequential Amendments) Bill 2011


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Climate Change and Energy Efficiency

Summary

Part of a package of three bills to establish the Carbon Farming Initiative, the bill amends the: Anti-Money Laundering and Counter-Terrorism Financing Act 2006 to provide that financial institutions and other persons who buy Australian carbon credit units (ACCUs) are subject to reporting and other obligations; Australian Securities and Investments Commission Act 2001 and Corporations Act 2001 in relation to the regulation of financial services for ACCUs; Australian Securities and Investments Commission Act 2001, Competition and Consumer Act 2010 and National Greenhouse and Energy Reporting Act 2007 to provide for the appropriate exchange of information between administrators; and National Greenhouse and Energy Reporting Act 2007 to extend the arrangements for reporting transfer certificates beyond 30 June 2011.

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 24/03/11  
Second reading moved 24/03/11  
Second reading debate 25/05/11  
Second reading debate 15/06/11  
Second reading debate 16/06/11  
Second reading agreed to 16/06/11  
Third reading agreed to 16/06/11  
     
Senate
Introduced and read a first time 20/06/11  
Second reading moved 20/06/11  
Second reading debate 05/07/11  
Second reading debate 06/07/11  
Second reading agreed to 06/07/11  
Committee of the Whole debate 06/07/11  
Committee of the Whole debate 16/08/11  
Committee of the Whole debate 17/08/11  
Committee of the Whole debate 18/08/11  
Committee of the Whole debate 22/08/11  
Third reading debated 22/08/11  
Third reading agreed to 22/08/11  
     
Text of bill as passed both Houses 22/08/11  
Assent 15/09/11 Act no.: 102 of 2011
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (24/03/2011): House Standing Committee on Climate Change, Environment and the Arts; Committee report (23/05/2011)
  • Referred to Committee (25/03/2011): Senate Environment and Communications Legislation Committee; Committee report (27/05/2011)
  • Access information for House of Representatives and Senate committees
  • An electronic version of this Act is available in ComLaw ( www.comlaw.gov.au )