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Treasury Laws Amendment (2021 Measures No. 1) Bill 2021

2019-2020-2021

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Treasury Laws Amendment (2021 Measures No. 1) Bill 2021

 

No.      , 2021

 

(Treasury)

 

 

 

A Bill for an Act to amend the law in relation to the financial sector, and for related purposes

   

   



Contents

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

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

3............ Schedules............................................................................................ 2

Schedule 1—Virtual meetings and electronic communication of documents         3

Corporations Act 2001                                                                                                3

Schedule 2—Continuous disclosure obligations                                                 25

Part 1—Main amendments                                                                                        25

Australian Securities and Investments Commission Act 2001                           25

Corporations Act 2001                                                                                              25

Part 2—Consequential amendments                                                                     33

Australian Securities and Investments Commission Act 2001                           33

Corporations Act 2001                                                                                              33

Part 3—Application provisions                                                                               37

Corporations Act 2001                                                                                              37

Part 4—Contingent amendments                                                                           38

Corporations Act 2001                                                                                              38

 

 



A Bill for an Act to amend the law in relation to the financial sector, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Treasury Laws Amendment (2021 Measures No. 1) Act 2021 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedule 1

The day after this Act receives the Royal Assent.

 

3.  Schedule 2, Parts 1, 2 and 3

The day after this Act receives the Royal Assent.

 

4.  Schedule 2, Part 4

The later of:

(a) immediately after the commencement of the provisions covered by table item 2; and

(b) immediately after the commencement of items 1061 and 1062 in Schedule 1 to the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 .

However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur.

 

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedules

                   Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.