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Bills of the current Parliament

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Treasury Laws Amendment (2016 Measures No. 1) Bill 2016


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Terrorism Insurance Act 2003 to clarify that losses attributable to terrorist attacks using chemical or biological means are covered by the terrorism insurance scheme; Corporations Act 2001 to: provide that employee share scheme disclosure documents lodged with the Australian Securities and Investments Commission are not made publicly available for certain start-up companies; and provide protection for retail client money and property held by financial services licensees in relation to over-the-counter derivative products; Income Tax Assessment Act 1997 to update the list of deductible gift recipients; and Income Tax Assessment Act 1936 and Income Tax Assessment Act 1997 to provide income tax relief to eligible New Zealand special category visa holders who are impacted by disasters in Australia.

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 01/12/16  
Second reading moved 01/12/16  
Second reading debate 07/02/17  
Second reading debate 13/02/17  
Second reading agreed to 13/02/17  
Third reading agreed to 13/02/17  
     
Senate
Introduced and read a first time 14/02/17  
Second reading moved 14/02/17  
Second reading debate 27/03/17  
Second reading agreed to 27/03/17  
Third reading agreed to 27/03/17  
     
Finally passed both Houses 27/03/17  
Assent 04/04/17 Act no: 25 - Year: 2017
     

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