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Wednesday, 4 April 2001
Page: 26437


Mr HOCKEY (Minister for Financial Services and Regulation) (5:37 PM) —I move:

That the bill be now read a second time.

The Australian Securities and Investments Commission Bill 2001 is the second part of the package of bills introduced today to place Australia's national system of corporate regulation on a sound constitutional foundation. I have already made detailed comments in relation to the package in the course of my remarks on the Corporations Bill 2001. I present the explanatory memorandum to the bill.

Debate (on motion by Mr Fitzgibbon) adjourned.