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Bills of the current Parliament

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.

Treasury Laws Amendment (2017 Measures No. 2) Bill 2017


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends: six Acts to make amendments arising out of the enactment of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 in relation to: the transfer balance cap; concessional and non-concessional contributions; limited recourse borrowing arrangements; objective of superannuation; transition to retirement income streams; capital gains tax relief for superannuation funds; and administrative processes; the Bankruptcy Act 1966 and Corporations Act 2001 to enable a single approval to cover a profit or advantage received by an external administrator or trustee even when the benefit is passed on to multiple related entitles; and the Corporations Act 2001 to: ensure that annual and end-of-control returns by controllers are included on the Australian Securities and Investments Commission’s public register; and make technical 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 25/05/17  
Second reading moved 25/05/17  
Second reading debate 15/06/17  
Second reading agreed to 15/06/17  
Third reading agreed to 15/06/17  
     
Senate
Introduced and read a first time 15/06/17  
Second reading moved 15/06/17  
Second reading agreed to 15/06/17  
Third reading agreed to 15/06/17  
     
Finally passed both Houses 15/06/17  
Assent 22/06/17 Act no: 55 - 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
  • Referred to Committee (25/05/2017): Senate Economics Legislation Committee; Committee report (30/05/2017)
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)