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Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019

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The Parliament of the

Commonwealth of Australia








Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019



(1)     Clause 2, page 2 (table item 1), omit “Sections 1 to 3”, substitute “Sections 1 to 4”.


(2)     Page 2 (after line 11), after clause 3, add:

4   Review of operation of amendments

             (1)  The Minister must cause an independent review to be conducted of the operation of the amendments made by Schedules 1, 3 and 4 to this Act.

             (2)  The review must start as soon as practicable after the end of 5 years after this Act receives the Royal Assent .

             (3)  The persons who conduct the review must give the Minister a writt en report of the review.

             (4)  The Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.

[review of Schedules 1, 3 and 4]