Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

Bills of previous Parliaments

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.

Corporations Legislation Amendment (Deregulatory and Other Measures) Bill 2014


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Corporations Act 2001 to: provide that a general meeting of a company must only be arranged if members with at least five per cent of voting shares make the request; reduce the remuneration reporting requirements; clarify the circumstances in which a financial year may be determined to be less than 12 months; and exempt certain companies limited by guarantee from the need to appoint or retain an auditor; and Australian Securities and Investments Commission Act 2001 to: enable members of the Takeovers Panel to perform duties while in Australia and overseas; and provide that the Remuneration Tribunal is responsible for setting the terms and conditions of Chairs and members of the Financial Reporting Council, the Australian Accounting Standards Board and the Auditing and Assurance Standards Board.

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 22/10/14  
Second reading moved 22/10/14  
Second reading debate 26/11/14  
Second reading debate 27/11/14  
Second reading agreed to 27/11/14  
Third reading agreed to 27/11/14  
     
Senate
Introduced and read a first time 01/12/14  
Second reading moved 01/12/14  
Second reading debate 02/03/15  
Second reading agreed to 02/03/15  
Third reading agreed to 02/03/15  
     
Finally passed both Houses 02/03/15  
Assent 19/03/15 Act no.: 19 - Year: 2015
     

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

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (27/11/2014): Senate Economics Legislation Committee; Committee report (11/02/2015)
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)