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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 (Reuniting More Superannuation) Bill 2020


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Retirement Savings Accounts Act 1997, Superannuation Industry (Supervision) Act 1993 and Superannuation (Unclaimed Money and Lost Members) Act 1999 to: facilitate the closure of eligible rollover funds by 30 June 2021; and enable the Commissioner of Taxation to reunite amounts he or she receives from eligible rollover funds with a member's active account; and Income Tax Assessment Act 1997 and Taxation Administration Act 1953 to make consequential 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 06/02/20  
Second reading moved 06/02/20  
Second reading debate 11/02/20  
Second reading agreed to 11/02/20  
Third reading agreed to 11/02/20  
     
Senate
Introduced and read a first time 12/02/20  
Second reading moved 12/02/20  
Second reading debate 24/02/21  
Second reading debate 25/02/21  
Second reading agreed to 25/02/21  
Committee of the Whole debate 25/02/21 Amendment details: 14 Government agreed to
Requests details: 2 Government agreed to
Bill agreed to, subject to requests 25/02/21  
     
House of Representatives
Consideration of Senate message 25/02/21 Details: House made Senate requested amendments
     
Senate
Third reading agreed to 15/03/21  
     
House of Representatives
Consideration of Senate message 16/03/21 Details: House agreed to Senate amendments
     
Finally passed both Houses 16/03/21  
Assent 22/03/21 Act no: 24 - Year: 2021
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

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Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML
  • Supplementary explanatory memorandum

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Second reading speeches


Proposed amendments

Senate
  • Government [sheet SH137]

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  • Pauline Hanson's One Nation [sheet 8892]
HANSON, Sen Pauline

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Schedules of amendments

  • Schedules of the requests by the Senate for amendments and the amendments made by the Senate

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  • Schedule of the amendments made by the Senate

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Bills Digest



Notes
  • Considered by scrutiny committee (12/02/2020): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 3 of 2020
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)