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TOTAL RESULTS: 159
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- Date
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30 Jun 1999
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Treasurer's portfolio
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- Date
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21 Mar 2002
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
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Treasury
- Summary
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Amends the:
Australian Prudential Regulation Authority Act 1998
and Financial Institutions Supervisory Levies Collection Act 1998
in relation to financial institutions supervisory levies; Financial Sector (Transfers of Business) Act 1999
in relation to a transfer of a business; Insurance Act 1973
in relation to general insurance matters; General Insurance Reform Act 2001
to correct a drafting error; Insurance Acquisitions and Takeovers Act 1991
to remove the 30 day time limit for ministerial approval of an application for a merger or acquisition; and make consequential amendments; Life Insurance Act 1995
to remove sunset clauses on the right to appeal prudential decisions to the Administrative Appeals Tribunal; Reserve Bank Act 1959
in relation to: superannuation provisions and procedures for Reserve Bank, Reserve Bank Board and Payments System Board appointments, terminations and resignations; and location of the head office; Superannuation Industry (Supervision) Act 1993
in relation to: winding up procedures for superannuation funds with less than five members; and Australian Taxation Office secrecy provisions; and Superannuation Supervisory Levy Imposition Act 1998
in relation to the levy payable by a previously unregulated superannuation entity.
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- Date
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21 Jun 2007
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Treasury
- Summary
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Amends the financial sector regulation law to: implement recommendations of the Taskforce on Reducing Regulation Burdens on Business to streamline and simplify prudential regulation; provide more equitable financial assistance to superannuation funds who have suffered loss as a result of fraud or theft; abolish the Special Protection Account; consolidate and rationalise prudential reporting requirements in the superannuation industry; close a regulatory gap for reporting contraventions of the market conduct and disclosure provisions in the
Corporations Act 2001
; and makes technical amendments consequential on the enactment of the Legislative Instruments Act 2003
.
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- Date
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13 Feb 2008
- Chamber
-
Senate
- Status
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Act
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Portfolio
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Treasury
- Summary
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Amends the:
Banking Act 1959
, Insurance Act 1973
, Life Insurance Act 1995
, Superannuation Industry (Supervision) Act 1993
, Retirement Savings Accounts Act 1997
, Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007
and Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007
to introduce a court-based process for disqualifying an individual from operating an Australian Prudential Regulation Authority (APRA) regulated entity; Banking Act 1959
, Insurance Act 1973
and Life Insurance Act 1995
in relation to APRA’s specific direction powers; Superannuation Industry (Supervision) Act 1993
to incorporate a materiality test into the trigger for APRA to issue a direction to freeze assets of a superannuation entity; Insurance Act 1973
, Life Insurance Act 1995
and Superannuation Industry (Supervision) Act 1993
to remove ministerial consent from administrative decisions made by APRA or the Australian Taxation Office (ATO) under those Acts; and Banking Act 1959
, Financial Sector (Collection of Data) Act 2001
, Insurance Act 1973
, Life Insurance Act 1995
and Superannuation Industry (Supervision) Act 1993
to apply merits review to appropriate decisions made by APRA or the ATO. Also makes consequential amendments to other Acts.
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- Date
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13 Sep 2007
- Chamber
-
House of Representatives
- Status
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Not Proceeding
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Portfolio
-
Treasury
- Summary
-
Amends the
Banking Act 1959
, Insurance Act 1973
, Life Insurance Act 1995
, Superannuation Industry (Supervision) Act 1993
, Retirement Savings Accounts Act 1997
, Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007
and Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007
to introduce a court-based process for disqualifying an individual from operating an Australian Prudential Regulation Authority (APRA) regulated entity; Banking Act 1959
, Insurance Act 1973
and Life Insurance Act 1995
in relation to APRA’s specific direction powers; Superannuation Industry (Supervision) Act 1993
to incorporate a materiality test into the trigger for APRA to issue a direction to freeze assets of a superannuation entity; Insurance Act 1973
, Life Insurance Act 1995
and Superannuation Industry (Supervision) Act 1993
to remove ministerial consent from administrative decisions made by APRA or the Australian Taxation Office (ATO) under those Acts; Banking Act 1959
, Financial Sector Collection of Data Act 2001
, Insurance Act 1973
, Life Insurance Act 1995
and Superannuation Industry (Supervision) Act 1993
to apply merits review to appropriate decisions made by APRA or the ATO; and makes consequential amendments to other Acts.
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- Date
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24 May 2007
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Treasury
- Summary
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Amends the:
Financial Sector (Transfers of Business) Act 1999
to: facilitate the adoption of a non-operating holding company as the ultimate holding company of a financial group in Australia; and rename it as the Financial Sector (Business Transfer and Group Restructures) Act 1999
; Income Tax Assessment Act 1997
to: remove tax impediments preventing financial groups containing authorised deposit-taking institutions from restructuring; and make consequential amendments to two other Acts.
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- Date
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26 May 2010
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Treasury
- Summary
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Amends: 11 Acts in relation to: the Australian Prudential Regulation Authority’s (APRA) preventive powers, correction powers, failure management powers, and data collection powers, APRA’s and the Australian Taxation Office’s investigation powers, auditors and actuaries, and the Financial Claims Scheme; six Acts in relation to the methodologies governing the determination of financial sector levies; and four Acts to make technical amendments. Also repeals five redundant Acts.
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- Date
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19 Mar 2009
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Treasury
- Summary
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Amends: the
Life Insurance Act 1995
to establish a prudential regulation regime for non-operating holding companies of life insurance companies to be administered by the Australian Prudential Regulation Authority (APRA); 19 other Acts to make consequential amendments; and the Banking Act 1959
, Insurance Act 1973
, Life Insurance Act 1995
, Superannuation Industry (Supervision) Act 1993
and First Home Saver Accounts Act 2008
to provide APRA with power to seek court injunctions against breaches of conditions or directions issued under those Acts.
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- Date
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21 Jun 2007
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
-
Treasury
- Summary
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Introduced with the Corporations (National Guarantee Fund Levies) Amendment Bill 2007, the bill amends the
Corporations Act 2001
, Financial Sector (Collection of Data) Act 2001
and Insurance Act 1973
to: prudentially regulate direct offshore foreign insurers and collect information on discretionary mutual funds (which will not be prudentially regulated); and makes an amendment consequential on the proposed Corporations (National Guarantee Fund Levies) Amendment Act 2007
.
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- Date
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05 Apr 2001
- Chamber
-
House of Representatives
- Status
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Act
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Portfolio
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Treasurer's portfolio
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