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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 Amendment (Crowd-sourced Funding) Bill 2015


Type
Government
Originating house
House of Representatives
Status
Not Proceeding
Portfolio
Treasury

Summary

Amends the: Corporations Act 2001 to: establish a framework to facilitate crowd-sourced funding offers by small unlisted public companies; provide new public companies that are eligible to crowd fund with temporary relief from reporting and corporate governance requirements that would usually apply; and enable the minister to provide that certain financial market and clearing and settlement facility operators are exempt from specified parts of the Australian Market Licence and clearing and settlement facility licencing regimes; and Australian Securities and Investments Commission Act 2001 to make consequential amendments.

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 03/12/15  
Second reading moved 03/12/15  
Second reading debate 10/02/16  
Second reading agreed to 10/02/16  
Third reading agreed to 10/02/16  
     
Senate
Introduced and read a first time 22/02/16  
Second reading moved 22/02/16  
Lapsed at prorogation 17/04/16  
Consideration of House of Reps message 02/05/16 Details: In response to a request from the House, the Senate agreed to resume consideration of the bill
Lapsed at dissolution 09/05/16  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

Senate
  • Opposition [sheet 7865]
WONG, Sen Penny

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (03/12/2015): Senate Economics Legislation Committee; Committee report (01/03/2016)