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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.

Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Bill 2017


Type
Government
Originating house
House of Representatives
Status
Passed Both Houses
Portfolio
Treasury

Summary

Amends the Corporations Act 2001 to: extend the crowd-sourced funding (CSF) framework for public companies to eligible proprietary companies, subject to additional reporting requirements and accountability standards; provide that proprietary companies with shareholders who acquire shares through a CSF offer are not subject to the takeovers rules; introduce special investor protections for proprietary companies accessing the CSF regime; and remove the temporary corporate governance concessions for proprietary companies that convert to or register as public companies to access the CSF regime.

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 14/09/17  
Second reading moved 14/09/17  
Second reading debate 26/02/18  
Second reading agreed to 26/02/18  
Third reading agreed to 26/02/18  
     
Senate
Introduced and read a first time 19/03/18  
Second reading moved 19/03/18  
Second reading debate 12/09/18  
Second reading agreed to 12/09/18  
Committee of the Whole debate 12/09/18 Amendment details: 1 Opposition agreed to
Third reading agreed to 12/09/18  
     
House of Representatives
Consideration of Senate message 12/09/18 Details: House agreed to Senate amendment
     
Finally passed both Houses 12/09/18  
     

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

Senate
  • Opposition [sheet 8386 revised]
CAMERON, Sen Doug

MS-Word PDF HTML

Schedules of amendments

  • Schedule of the amendment made by the Senate

MS-Word PDF HTML

Bills Digest



Notes