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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.

Treasury Laws Amendment (2018 Measures No. 5) Bill 2018

Type	Government
Originating house	House of Representatives
Status	Act
Portfolio	Treasury

Summary

Amends: five Acts to make technical amendments to the income tax law in relation to attribution managed investment trusts (AMITs) and managed investment trust (MITs), including modifications to the AMIT primary and transitional rules, and MIT and AMIT capital gains tax and withholding tax rules; the Income Tax Assessment Act 1997 to: update the list of specifically listed deductible gift recipients (DGRs) to include six new entities; and provide that entities that promote Indigenous languages may be endorsed as a DGR; and the Competition and Consumer Act 2010 to remove the exemption for conditional licensing or assignment of IP rights such as patents, registered designs, copyright or eligible circuit layout rights from prohibitions on restrictive trade practices.

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	20/09/18
Second reading moved	20/09/18
Second reading debate	17/10/18
Second reading agreed to	17/10/18
Third reading agreed to	17/10/18

Senate
Introduced and read a first time	18/10/18
Second reading moved	18/10/18
Second reading agreed to	14/02/19
Third reading agreed to	14/02/19	Amendment details: 2 Government and 2 Opposition agreed to

House of Representatives
Consideration of Senate message	18/02/19	Details: House agreed to Senate amendments

Finally passed both Houses	18/02/19
Assent	12/03/19	Act no: 15 - Year: 2019