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Financial Framework Legislation Amendment Bill 2004

2002-2003-2004

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

Financial Framework Legislation Amendment Bill 2004

 

No.      , 2004

 

(Finance and Administration)

 

 

 

A Bill for an Act to amend Commonwealth financial management legislation and other financial and reporting provisions, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 3

4............ Saving of matters in Part 2 of Schedule 1........................................... 3

Schedule 1—Amendments relating to the Financial Management Legislation Amendment Act 1999 and Special Accounts                                                                                        4

Part 1—Removal of references to Loan Fund                                                   4

Acts Interpretation Act 1901                                                                                      4

Higher Education Funding Act 1988                                                                       4

Housing Assistance Act 1978                                                                                     4

Housing Assistance Act 1981                                                                                     4

Housing Assistance Act 1984                                                                                     5

Loan (Temporary Revenue Deficits) Act 1953                                                        5

Loans (Australian Industry Development Corporation) Act 1974                      6

Sewerage Agreements Act 1973                                                                                 6

Sewerage Agreements Act 1974                                                                                 6

States Grants (Primary and Secondary Education Assistance) Act 1992         7

States Grants (Primary and Secondary Education Assistance) Act 1996         7

States (Works and Housing) Assistance Act 1982                                                  7

States (Works and Housing) Assistance Act 1983                                                  8

States (Works and Housing) Assistance Act 1984                                                  8

States (Works and Housing) Assistance Act 1985                                                  9

States (Works and Housing) Assistance Act 1988                                                  9

Vocational Education and Training Funding Act 1992                                    10

Part 2—Special Accounts and references to paid to the Consolidated Revenue Fund    11

Aboriginal Land (Lake Condah and Framlingham Forest) Act 1987              11

Aboriginal Land Rights (Northern Territory) Act 1976                                      12

Acts Interpretation Act 1901                                                                                    18

AeroSpace Technologies of Australia Limited Sale Act 1994                           19

Agricultural and Veterinary Chemicals (Administration) Act 1992                19

Agricultural and Veterinary Chemical Products (Collection of Interim Levy) Act 1994   19

Agricultural and Veterinary Chemical Products (Collection of Levy) Act 1994                 20

Alcohol Education and Rehabilitation Account Act 2001                                20

Australia-Japan Foundation Act 1976                                                                  20

Australian Centre for International Agricultural Research Act 1982             22

Australian Federal Police Act 1979                                                                       23

Australian Meat and Live-stock Industry (Repeals and Consequential Provisions) Act 1997          23

Australian Radiation Protection and Nuclear Safety Act 1998                       23

Australian Securities and Investments Commission Act 2001                           24

Bankruptcy Act 1966                                                                                                 25

Broadcasting Services Act 1992                                                                              27

CFM Sale Act 1996                                                                                                    28

Child Support (Registration and Collection) Act 1988                                      28

Coal Mining Industry (Long Service Leave) Payroll Levy Collection Act 1992 30

Commonwealth Places (Mirror Taxes) Act 1998                                                  30

Corporations Act 2001                                                                                              30

Crimes Act 1914                                                                                                          30

Crimes (Superannuation Benefits) Act 1989                                                         31

CSL Sale Act 1993                                                                                                      31

Customs Act 1901                                                                                                       31

Defence Forces Retirement Benefits Fund (Distribution of Surplus to Pensioners) Act 1976          32

Defence Service Homes Act 1918                                                                            32

Financial Agreement Act 1994                                                                                33

Financial Institutions Supervisory Levies Collection Act 1998                       34

Financial Management and Accountability Act 1997                                        35

Forestry and Timber Bureau Act 1930                                                                   36

Great Barrier Reef Marine Park Act 1975                                                             37

Higher Education Funding Act 1988                                                                     37

Income Tax Assessment Act 1936                                                                             39

Industrial Chemicals (Notification and Assessment) Act 1989                         40

International Monetary Agreements Act 1947                                                     40

Interstate Road Transport Act 1985                                                                       40

Lands Acquisition Act 1989                                                                                     41

Moomba-Sydney Pipeline System Sale Act 1994                                                 43

National Blood Authority Act 2003                                                                        43

National Cattle Disease Eradication Reserve Act 1991                                     43

National Health and Medical Research Council Act 1992                               45

National Residue Survey Administration Act 1992                                             47

Native Title Act 1993                                                                                                 50

Natural Heritage Trust of Australia Act 1997                                                      51

Natural Resources Management (Financial Assistance) Act 1992                  59

Navigation Act 1912                                                                                                  61

Petroleum (Submerged Lands) Act 1967                                                                61

Primary Industries (Customs) Charges Act 1999                                                 62

Primary Industries (Excise) Levies Act 1999                                                         62

Proceeds of Crime Act 1987                                                                                     63

Proceeds of Crime Act 2002                                                                                     67

Protection of Movable Cultural Heritage Act 1986                                            67

Protection of the Sea (Oil Pollution Compensation Fund) Act 1993              68

Sea Installations Act 1987                                                                                        68

Small Superannuation Accounts Act 1995                                                            69

Snowy Hydro Corporatisation Act 1997                                                               82

Snowy Mountains Engineering Corporation Limited Sale Act 1993              82

States Grants (Primary and Secondary Education Assistance) Act 1992       82

States Grants (Primary and Secondary Education Assistance) Act 1996       82

Student Assistance Act 1973                                                                                    82

Superannuation Act 1922                                                                                         83

Superannuation Act 1976                                                                                         85

Superannuation (Government Co-contribution for Low Income Earners) Act 2003          88

Superannuation Guarantee (Administration) Act 1992                                     88

Superannuation Industry (Supervision) Act 1993                                               89

Sydney Airport Demand Management Act 1997                                                  90

Taxation Administration Act 1953                                                                          91

Telecommunications Act 1997                                                                                 91

Telecommunications (Consumer Protection and Service Standards) Act 1999   92

Telstra Corporation Act 1991                                                                                  94

Therapeutic Goods Act 1989                                                                                  102

Vocational Education and Training Funding Act 1992                                  103

Workplace Relations Act 1996                                                                              103

Schedule 2—Other amendments                                                                                104

Aboriginal and Torres Strait Islander Act 2004                                                104

Aboriginal Land Rights (Northern Territory) Act 1976                                    105

Agricultural and Veterinary Chemicals (Administration) Act 1992              105

Albury-Wodonga Development Act 1973                                                            106

Australian Broadcasting Corporation Act 1983                                               107

Australian Film Commission Act 1975                                                                 108

Australian Hearing Services Act 1991                                                                 109

Australian Maritime Safety Authority Act 1990                                                 110

Australian National University Act 1991                                                            111

Australian Nuclear Science and Technology Organisation Act 1987           111

Australian Prudential Regulation Authority Act 1998                                     112

Australian Trade Commission Act 1985                                                              113

Commonwealth Authorities and Companies Act 1997                                     113

Co-operative Farmers and Graziers Direct Meat Supply Limited (Loan Guarantee) Act 1978        114

Defence Housing Authority Act 1987                                                                   115

Export Finance and Insurance Corporation Act 1991                                     117

Financial Management and Accountability Act 1997                                      118

Fisheries Administration Act 1991                                                                       119

Health Insurance Commission Act 1973                                                              120

High Court of Australia Act 1979                                                                         120

Maritime College Act 1978                                                                                    121

Native Title Act 1993                                                                                               121

Norfolk Island Act 1979                                                                                          122

Northern Prawn Fishery Voluntary Adjustment Scheme Loan Guarantee Act 1985          122

Northern Territory (Lessees’ Loans Guarantee) Act 1954                                123

Primary Industries and Energy Research and Development Act 1989          124

Safety, Rehabilitation and Compensation Act 1988                                         125

Special Broadcasting Service Act 1991                                                               126

Stevedoring Industry Finance Committee Act 1977                                          127

Sydney Harbour Federation Trust Act 2001                                                       127

Schedule 3—Repeal of Acts                                                                                          129

Australian Development Assistance Agency (Repeal) Act 1977                      129

Loan Act (No. 2) 1983                                                                                              129

Loan Act 1984                                                                                                           129

Loan Act 1985                                                                                                           129

Loan Act 1986                                                                                                           129

Loan Act 1992                                                                                                           129

Loan Act 1993                                                                                                           129

Loan Act 1994                                                                                                           129

Loan Act 1995                                                                                                           129

Loan Act 1996                                                                                                           129

Loan (Income Equalization Deposits) Act 1976                                                 129

Loan (International Bank for Reconstruction and Development) Act 1950 129

Loan (Supplementary Borrowing) Act 1969                                                       129

Loans (Qantas Airways Limited) Act (No. 2) 1971                                             129

Loans (Qantas Airways Limited) Act 1972                                                          130

Loans (Qantas Airways Limited) Act 1974                                                          130

Loans (Qantas Airways Limited) Act 1976                                                          130

Qantas Airways Limited (Loan Guarantee) Act 1976                                        130

Railway Standardization (South Australia) Agreement Act 1949                  130

Roads Grants Act 1980                                                                                            130

Roads Grants Act 1981                                                                                            130

States Grants (Capital Assistance) Act (No. 3) 1972                                         130

States Grants (Capital Assistance) Act 1979                                                      130

States Grants (Capital Assistance) Act 1980                                                      130

States Grants (Capital Assistance) Act 1981                                                      130

States Grants (Roads) Act 1977                                                                             130

States Grants (Urban Public Transport) Act 1978                                             130

War Gratuity Appropriation Act 1948                                                                 130

 



A Bill for an Act to amend Commonwealth financial management legislation and other financial and reporting provisions, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Financial Framework Legislation Amendment Act 2004 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 to 4 and anything in this Act not elsewhere covered by this table

The day on which this Act receives the Royal Assent.

 

2.  Schedule 1, items 1 to 440

The day on which this Act receives the Royal Assent.

 

3.  Schedule 1, item 441

1 July 2005.

1 July 2005

4.  Schedule 1, items 442 and 443

The day on which this Act receives the Royal Assent.

 

5.  Schedule 1, item 444

1 July 2005.

1 July 2005

6.  Schedule 1, items 445 to 455

The day on which this Act receives the Royal Assent.

 

7.  Schedule 1, items 456 and 457

1 July 2005.

1 July 2005

8.  Schedule 1, items 458 to 490

The day on which this Act receives the Royal Assent.

 

9.  Schedule 1, items 491 and 492

1 July 2005.

1 July 2005

10.  Schedule 1, items 493 to 496

The day on which this Act receives the Royal Assent.

 

11.  Schedule 2, items 1 to 10

The later of:

(a) the start of the day on which this Act receives the Royal Assent; and

(b) immediately after the commencement of Schedule 1 to the Aboriginal and Torres Strait Islander Commission Amendment Act 2004 .

However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.

 

12.  Schedule 2, items 11 to 174

The day on which this Act receives the Royal Assent.

 

13.  Schedule 3

The day on which this Act receives the Royal Assent.

 

Note:          This table relates only to the provisions of this Act as originally passed by the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.

             (2)  Column 3 of the table contains additional information that is not part of this Act. Information in this column may be added to or edited in any published version of this Act.

3   Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

4   Saving of matters in Part 2 of Schedule 1

             (1)  If:

                     (a)  a decision or action is taken or another thing is made, given or done; and

                     (b)  the thing is taken, made, given or done under a provision of a Part 2 Act that had effect immediately before the commencement of this Act;

then the thing has the corresponding effect, for the purposes of the Part 2 Act as amended by this Act, as if it had been taken, made, given or done under the Part 2 Act as so amended.

             (2)  In this section:

Part 2 Act means an Act that is amended by an item in Part 2 of Schedule 1.