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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.

Bankruptcy Amendment (Debt Agreement Reform) Bill 2018


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Attorney-General

Summary

Amends the Bankruptcy Act 1966 to reform Australia’s debt agreement system, including by: specifying persons authorised to administer debt agreements and related qualification and registration requirements; specifying arrangements relating to the content, length, variation, termination and voiding of debt agreements; introducing offences relating to the administration of debt agreements; specifying the functions and powers of the Inspector General; modifying requirements in relation to the payment of, and the application process for, unclaimed moneys; and making related technical amendments.

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 14/02/18  
Second reading moved 14/02/18  
Second reading debate 28/02/18  
Second reading agreed to 28/02/18  
Third reading agreed to 28/02/18  
     
Senate
Introduced and read a first time 19/03/18  
Second reading moved 19/03/18  
Second reading debate 18/09/18  
Second reading agreed to 18/09/18  
Committee of the Whole debate 18/09/18  
Committee of the Whole debate 19/09/18 Amendment details: 36 Government agreed to
Third reading agreed to 19/09/18  
     
House of Representatives
Consideration of Senate message 19/09/18 Details: House agreed to Senate amendments
     
Finally passed both Houses 19/09/18  
Assent 27/09/18 Act no: 118 - Year: 2018
     

Text of bill

  • First reading

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  • As passed by both Houses

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Explanatory memoranda

  • Explanatory memorandum

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  • Replacement explanatory memorandum

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  • Supplementary explanatory memorandum

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Second reading speeches


Proposed amendments

Senate
  • Government [sheet JC502]

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Schedules of amendments

  • Schedule of the amendments made by the Senate

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Bills Digest



Notes