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Governance of Australian Government Superannuation Schemes Bill 2011


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Finance and Deregulation

Summary

Part of a package of three bills to establish governance arrangements for Commonwealth superannuation schemes, the bill: merges the Australian Reward Investment Alliance, the Military Superannuation and Benefits Board and the Defence Force Retirement and Death Benefits Authority into a single trustee body - the Commonwealth Superannuation Corporation (CSC), and sets out its functions and powers; establishes a governing board of CSC; allows CSC to employ staff and engage consultants; and provides for finance and reporting requirements.

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 24/03/11  
Second reading moved 24/03/11  
Second reading debate 15/06/11  
Second reading agreed to 15/06/11  
Third reading agreed to 15/06/11  
     
Senate
Introduced and read a first time 16/06/11  
Second reading moved 16/06/11  
Second reading debate 20/06/11  
Second reading agreed to 20/06/11  
Committee of the Whole debate 20/06/11  
Committee of the Whole debate 21/06/11  
Third reading agreed to 21/06/11  
     
Text of bill as passed both Houses 21/06/11  
Assent 28/06/11 Act no.: 59 - Year: 2011
     

Text of bill

  • First reading

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  • As passed by both Houses

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Explanatory memoranda

  • Explanatory memorandum

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Second reading speeches


Proposed amendments

House of Representatives
  • Non-Government
ROBERT, Stuart, MP

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Senate
  • Opposition [sheet 7092 revised 2]
CORMANN, Sen Mathias

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  • Opposition [sheet 7089]
CORMANN, Sen Mathias

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Schedules of amendments

Bills Digest



Notes
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)