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Corporations Amendment (Asia Region Funds Passport) Bill 2018

2016-2017-2018

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Corporations Amendment (Asia Region Funds Passport) Bill 2018

 

No.      , 2018

 

(Treasury)

 

 

 

A Bill for an Act to amend the law in relation to corporations, financial products and services, and for related purposes

   

   



Contents

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

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

3............ Schedules............................................................................................ 2

Schedule 1—Amendments inserting Chapter 8A                                                3

Corporations Act 2001                                                                                                3

Schedule 2—Amendments consequential on Chapter 8A                            44

Anti-Money Laundering and Counter-Terrorism Financing Act 2006            44

Australian Securities and Investments Commission Act 2001                           45

Corporations Act 2001                                                                                              47

Schedule 3—Transitional provisions                                                                       118

Corporations Act 2001                                                                                            118

 

 



A Bill for an Act to amend the law in relation to corporations, financial products and services, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Corporations Amendment (Asia Region Funds Passport) Act 2018 .

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

Provisions

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedules 1, 2 and 3

A day or days to be fixed by Proclamation.

However, if any of the provisions do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.

 

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedules

                   Legislation 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.