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Thursday, 27 November 2014
Page: 9499


Senator FIFIELD (VictoriaManager of Government Business in the Senate and Assistant Minister for Social Services) (11:58): On behalf of Senator Cormann, I move:

That, for the purposes of paragraph 48(1)(a) of the Legislative Instruments Act 2003, the Senate:

(a) supports the making of regulations re-instating provisions the same in substance as the following provisions of Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014, as contained in Select Legislative Instrument 2014 No. 102: Schedule 1 Items 5 (Accountants’ certificate renewal period); 11 (Stamping fee provision); 12 to 17 (ASX24 related provisions); 27 (non monetary education or training benefit not conflicted remuneration); and 28, 29 and 31 to 35 (Grandfathering arrangements); and

(b) rescinds its disallowance resolution of 19 November 2014 relating to the above regulation, to the extent necessary to permit the re-making of the aforementioned provisions in the regulations.

Question agreed to.