Superannuation Safety Amendment Bill 2004

Previous Citations: Superannuation Safety Amendment Bill 2003
Type: Government
Portfolio: Treasury
Originating house: House of Representatives
Status: Act
Parliament no: 40

Summary

Amends the Superannuation Industry (Supervision) Act 1993 to strengthen the prudential regulation of superannuation, including providing for: the licensing of trustees of superannuation entities regulated by the Australian Prudential Regulation Authority and the registration of those entities; and enforcement powers and penalty provisions; and Superannuation Industry (Supervision) Act 1993 and Retirement Savings Accounts Act 1997 to expand the reporting requirements for actuaries and auditors. Also contains transitional provisions.

Progress

House of Representatives
Introduced and read a first time	27 Nov 2003
Second reading moved	27 Nov 2003
Second reading agreed to	10 Feb 2004
Third reading agreed to	10 Feb 2004

Senate
Introduced and read a first time	11 Feb 2004
Second reading moved	11 Feb 2004
Second reading debate	09 Mar 2004
Second reading amendment agreed to Details: 1 Opposition agreed to	10 Mar 2004
Second reading agreed to	10 Mar 2004
Committee of the Whole debate Amendment details: 35 Government and 2 Opposition agreed to; 2 items negatived	10 Mar 2004
Third reading agreed to	10 Mar 2004

House of Representatives
Message from Senate reported	10 Mar 2004
Consideration of Senate message Details: House agreed to Senate amendments 1-25 and 28-39 and disagreed to Senate amendments 26-27	31 Mar 2004

Senate
Consideration of House of Reps message Details: Senate did not insist on its amendments nos 26 and 27	31 Mar 2004


Assent Act no.: 53 Year: 2004	27 Apr 2004

Documents and transcripts

Text of bill

No documents at present

Explanatory memoranda

Explanatory Memorandum

Supplementary Explanatory Memorandum

Transcript of speeches

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Bills digest

Bills Digest

Notes

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

Helpful information

Text of bill

First reading: Text of the bill as introduced into the Parliament
Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

Senate

House of Representatives

Get informed

Bills

Committees

Committees

Get involved

Visit Parliament

Website features

Parliamentary Departments