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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.

Banking and Consumer Credit Protection Amendment (Mobility and Flexibility) Bill 2011


Type
Private
Originating house
House of Representatives
Status
Not Proceeding
Sponsor
BANDT, Adam, MP

Summary

Amends the: Banking Act 1959 to: impose certain conditions on authorised deposit-taking institutions (ADIs) in relation to the transfer of personal transaction accounts; and require ADIs that offer term deposits to provide certain information when those deposits are due for reinvestment; and National Consumer Credit Protection Act 2009 to: require credit contracts to expressly include advice of any unjust transactions and unconscionable interest and other charges; and provide for the termination of mortgage indemnity insurance contracts when the related mortgage is terminated and the rebate of associated premiums.

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 22/08/11  
Removed from the Notice Paper in accordance with (SO 42) 22/05/12  
     

Text of bill

  • First reading

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