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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.

Corporations Amendment (Crowd-sourced Funding) Bill 2016


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Corporations Act 2001 to: establish a framework to facilitate crowd-sourced funding offers by small unlisted public companies; provide new public companies that are eligible to crowd fund with temporary relief from certain reporting and corporate governance requirements; and enable the minister to provide that certain financial market and clearing and settlement facility operators are exempt from specified parts of the Australian Market Licence and clearing and settlement facility licencing regimes; and Australian Securities and Investments Commission Act 2001 to make consequential amendments.

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 24/11/16  
Second reading moved 24/11/16  
Second reading debate 30/11/16  
Second reading debate 08/02/17  
Second reading agreed to 08/02/17  
Consideration in detail debate 08/02/17  
Third reading agreed to 08/02/17  
     
Senate
Introduced and read a first time 08/02/17  
Second reading moved 08/02/17  
Second reading debate 20/03/17  
Second reading agreed to 20/03/17  
Committee of the Whole debate 20/03/17 Amendment details: 1 Opposition agreed to
Third reading agreed to 20/03/17  
     
House of Representatives
Message from Senate reported 20/03/17  
Consideration of Senate message 22/03/17 Details: House agreed to Senate amendment
     
Finally passed both Houses 22/03/17  
Assent 28/03/17 Act no: 17 - Year: 2017
     

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

Senate
  • Opposition [sheet 8047]
GALLAGHER, Sen Katy

MS-Word PDF HTML

Schedules of amendments

  • Schedule of the amendment made by the Senate

MS-Word PDF HTML

Bills Digest



Notes
  • Referred to Committee (01/12/2016): Senate Economics Legislation Committee; Committee report (13/02/2017)
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)