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.

Treasury Laws Amendment (2022 Measures No. 3) Bill 2022


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Introduced with the Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022 and Income Tax Amendment (Labour Mobility Program) Bill 2022, the bill amends the: Foreign Acquisitions and Takeovers Act 1975 to double the maximum financial penalties for contraventions of provisions that relate only to residential land; National Emergency Declaration Act 2020 and Taxation Administration Act 1953 to enable the disclosure of protected information to Australian government agencies for the purpose of administering major disaster support programs approved by the minister; Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020 to extend the temporary mechanism which enables ministers to make alternative arrangements for meeting information and documentary requirements; Income Tax Assessment Act 1936 and three other taxation Acts to reduce the tax on certain income earned by foreign resident workers participating in the Pacific Australia Labour Mobility scheme from 32.5 per cent to 15 per cent; and Superannuation Industry (Supervision) Act 1993 to provide for a supplementary annual performance test for faith-based products.

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 08/09/22  
Second reading moved 08/09/22  
Second reading debate 27/09/22  
Referred to Federation Chamber 27/09/22  
Second reading debate 28/09/22  
Reported from Federation Chamber 26/10/22  
Second reading agreed to 27/10/22  
Consideration in detail debate 27/10/22  
Third reading agreed to 27/10/22  
     
Senate
Introduced and read a first time 27/10/22  
Second reading moved 27/10/22  
Second reading debate 28/11/22  
Second reading agreed to 28/11/22  
Committee of the Whole debate 28/11/22 Amendment details: 2 Government agreed to
Third reading agreed to 28/11/22  
     
House of Representatives
Message from Senate reported 28/11/22  
Consideration of Senate message 28/11/22 Details: House agreed to Senate amendments
     
Finally passed both Houses 28/11/22  
Assent 05/12/22 Act no: 75 - Year: 2022
     

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
  • Supplementary explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Non-Government
ROBERT, Stuart, MP

MS-Word PDF HTML
Senate
  • Government [sheet ZA193]

MS-Word PDF HTML
  • Opposition [sheet 1733]
HUME, Sen Jane

MS-Word PDF HTML
  • Opposition [sheet 1732]
SMITH, Sen Dean

MS-Word PDF HTML

Schedules of amendments

  • Schedule of the amendments made by the Senate

MS-Word PDF HTML

Bills Digest



Notes