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Treasury Legislation Amendment (Application of Criminal Code) ( No.1) Bill 2001

1998-1999-2000

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Treasury Legislation Amendment (Application of Criminal Code) Bill 2000

 

No.      , 2000

 

(Treasury)

 

 

 

A Bill for an Act relating to the application of the Criminal Code to certain offences, and for other purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 2

Schedule 1—Amendment of Acts                                                                                  3

Financial Sector Shareholdings Act 1998                                                              3

Foreign Acquisitions and Takeovers Act 1975                                                       3

Insurance Act 1973                                                                                                      5

Insurance Acquisitions and Takeovers Act 1991                                                   9

Life Insurance Act 1995                                                                                              9

Prices Surveillance Act 1983                                                                                   15

Productivity Commission Act 1998                                                                         18

Retirement Savings Accounts Act 1997                                                                  19

Superannuation Industry (Supervision) Act 1993                                               38

Trade Practices Act 1974                                                                                          52

Schedule 2—Amendment of the Corporations Law                                       79

 



A Bill for an Act relating to the application of the Criminal Code to certain offences, and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Treasury Legislation Amendment (Application of Criminal Code) Act 2000 .

2   Commencement

             (1)  Sections 1, 2 and 3 and items 1 to 4 (inclusive) of Schedule 1, and Schedule 2, to this Act commence on the day on which this Act receives the Royal Assent.

             (2)  If section 9A of the Superannuation Industry (Supervision) Act 1993 commences before the day on which this Act receives the Royal Assent, items 171 and 172 of Schedule 1 to this Act commence on that day.

             (3)  If subsection (2) does not apply, items 171 and 172 of Schedule 1 to this Act commence immediately after section 9A of the Superannuation Industry (Supervision) Act 1993 commences.

             (4)  The remaining items of Schedule 1 to this Act commence on the day specified in subsection 2.2(2) of the Criminal Code .

3   Schedule(s)

             (1)  Subject to section 2, the Corporations Law set out in section 82 of the Corporations Act 1989 is amended as set out in Schedule 2 to this Act, and any other item in that Schedule has effect according to its terms.

             (2)  Subject to section 2, each Act that is specified in another Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in that Schedule has effect according to its terms.