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Bills of the current Parliament

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Foreign Acquisitions and Takeovers Fees Imposition Amendment (Near-new Dwelling Interests) Bill 2019


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Introduced with the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019, the bill amends the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 to impose reconciliation fees on developers who sell a near-new dwelling to a foreign person under a near-new dwelling exemption certificate.

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 23/10/19  
Second reading moved 23/10/19  
Second reading debate 27/11/19  
Second reading agreed to 27/11/19  
Third reading agreed to 27/11/19  
     
Senate
Introduced and read a first time 27/11/19  
Second reading moved 27/11/19  
Second reading debate 05/12/19  
Second reading agreed to 05/12/19  
Third reading agreed to 05/12/19  
     
Finally passed both Houses 05/12/19  
Assent 12/12/19 Act no: 126 - Year: 2019
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Considered by scrutiny committee (13/11/2019): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 8 of 2019
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)