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 (2019 Measures No. 1) Bill 2019

Type	Government
Originating house	House of Representatives
Status	Act
Portfolio	Treasury

Summary

Introduced with the Excise Tariff Amendment (Supporting Craft Brewers) Bill 2019, the bill amends the: Superannuation Industry (Supervision) Act 1993, Income Tax Assessment Act 1997 and Superannuation (Unclaimed Money and Lost Members) Act 1999 to: increase the maximum number of allowable members in self-managed superannuation funds (SMSFs) from four to six; align provisions that relate to SMSFs and small Australian Prudential Regulation Authority funds with the increased maximum number of members for SMSFs; and make contingent amendments to four Acts; Excise Tariff Act 1921 to extend concessional rates of excise to brewers that supply draught beer in kegs or other containers with a capacity of eight litres or more that are designed for use with a pressurised gas delivery system or pump delivery system; Income Tax Assessment Act 1997 and to extend the exemption for Global Infrastructure Hub Limited from the liability to pay income tax on its ordinary and statutory income to 30 June 2023; and 12 Acts to make minor technical amendments and repeal inoperative provisions.

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	13/02/19
Second reading moved	13/02/19
Second reading debate	02/04/19
Second reading agreed to	02/04/19
Consideration in detail debate	02/04/19	Amendment details: 2 Government agreed to
Third reading agreed to	02/04/19

Senate
Introduced and read a first time	03/04/19
Second reading agreed to	03/04/19
Third reading agreed to	03/04/19

Finally passed both Houses	03/04/19
Assent	05/04/19	Act no: 49 - Year: 2019

[Information on document types]

Text of bill

First reading
Third reading
As passed by both Houses

Explanatory memoranda

Explanatory memorandum
Supplementary explanatory memorandum
Revised explanatory memorandum

Second reading speeches

Proposed amendments

House of Representatives

Government [sheet SZ103]

Schedules of amendments

Bills Digest

Notes

Referred to Committee (14/02/2019): Senate Economics Legislation Committee; Committee report (26/03/2019)
An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)