Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

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.

Corporations Amendment (Improving Outcomes for Litigation Funding Participants) Bill 2021


Type
Government
Originating house
House of Representatives
Status
Not Proceeding
Portfolio
Treasury

Summary

Implements the government's response to the report of the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into litigation funding and the regulation of the class action industry by amending the Corporations Act 2001 to: establish a new kind of managed investment scheme called a class action litigation funding scheme; and introduce additional requirements for the constitutions of managed investment schemes that are class action litigation funding schemes.

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 27/10/21  
Second reading moved 27/10/21  
Second reading debate 23/11/21  
Second reading debate 24/11/21  
Second reading agreed to 24/11/21  
Consideration in detail debate 24/11/21  
Third reading agreed to 24/11/21  
     
Senate
Introduced and read a first time 25/11/21  
Second reading moved 25/11/21  
Lapsed at end of Parliament 25/07/22  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Non-Government
KELLY, Craig, MP

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes