Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

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.

Superannuation Laws Amendment (Strengthening Trustee Arrangements) Bill 2017


Type
Government
Originating house
Senate
Status
Before Senate
Portfolio
Treasury

Summary

Introduced with the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Bill 2017, the bill amends the: Superannuation Industry (Supervision) Act 1993 to require registrable superannuation licensees to have at least one-third independent directors and for the Chair of the Board of directors to be one of these independent directors; and Governance of Australian Government Superannuation Schemes Act 2011 to enable the trustee board of the Commonwealth Superannuation Corporation to comply with the new independence requirements.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

Senate
Introduced and read a first time 14/09/17  
Second reading moved 14/09/17  
Second reading debate 15/11/17  
Second reading debate 16/11/17  
Second reading debate 04/12/17  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

Senate
  • [sheet 8339]
ANNING, Sen Fraser

MS-Word PDF HTML
  • Liberal Democratic Party [sheet 8319]
LEYONHJELM, Sen David

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (14/09/2017): Senate Economics Legislation Committee; Committee report (23/10/2017)