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Title

Treasury Laws Amendment (Housing Measures No. 1) Bill 2023

Database

Bills & Legislation

Long Title

a Bill for an Act to amend the law relating to the National Housing Finance and Investment Corporation, and to deal with consequential matters arising from the enactment of the Housing Australia Future Fund Act 2023, and for other purposes

Date

09-02-2023 09:17 AM

Source

House of Reps

Parl No.

47

Bill Number

4/23

Bill Type

Government

Portfolio

Treasury

Reps Bill Code

M

Status

Before Senate

System Id

legislation/bills/r6972_first-reps/0000


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Treasury Laws Amendment (Housing Measures No. 1) Bill 2023

2022-2023

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Treasury Laws Amendment (Housing Measures No. 1) Bill 2023

 

No.      , 2023

 

(Treasury)

 

 

 

A Bill for an Act to amend the law relating to the National Housing Finance and Investment Corporation, and to deal with consequential matters arising from the enactment of the Housing Australia Future Fund Act 2023 , and for other purposes

   

   

Contents

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

2............ Commencement.................................................................................. 2

3............ Schedules............................................................................................ 3

Schedule 1—Housing Australia                                                                                     4

Part 1—Main amendments                                                                                          4

National Housing Finance and Investment Corporation Act 2018                      4

Part 2—Consequential amendments                                                                    13

Administrative Decisions (Judicial Review) Act 1977                                         13

Freedom of Information Act 1982                                                                            13

Part 3—Saving provision                                                                                           14

Schedule 2—Housing Australia functions                                                             15

Part 1—Main amendments                                                                                        15

Housing Australia Act 2018                                                                                      15

Part 2—Consequential amendments                                                                    20

Housing Australia Act 2018                                                                                      20

Schedule 3—Extension of Commonwealth guarantee                                   21

Housing Australia Act 2018                                                                                      21

Schedule 4—Consequential matters arising from the Housing Australia Future Fund Act 2023                                                                                                                             22

Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2018 22

COAG Reform Fund Act 2008                                                                                  22

DisabilityCare Australia Fund Act 2013                                                                23

Disaster Ready Fund Act 2019                                                                                 23

Future Drought Fund Act 2019                                                                                24

Future Fund Act 2006                                                                                                24

Housing Australia Act 2018                                                                                      29

Medical Research Future Fund Act 2015                                                               30

 

 

 

A Bill for an Act to amend the law relating to the National Housing Finance and Investment Corporation, and to deal with consequential matters arising from the enactment of the Housing Australia Future Fund Act 2023 , and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Treasury Laws Amendment (Housing Measures No. 1) Act 2023 .

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 the end of the period of 14 days beginning on the day this Act receives the Royal Assent.

 

3.  Schedule 2, Part 1

Immediately after the commencement of the provisions covered by table item 2.

 

4.  Schedule 2, Part 2

The later of:

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

(b) immediately after the commencement of the provisions covered by table item 6.

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

 

5.  Schedule 3

Immediately after the commencement of the provisions covered by table item 2.

 

6.  Schedule 4

 

At the same time as the Housing Australia Future Fund Act 2023 commences.

However, the provisions do not commence at all if the Housing Australia Future Fund Act 2023 does not commence.

 

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.