Payment Systems (Regulation) Amendment Bill 2005

Type: Government
Portfolio: Treasury
Originating house: House of Representatives
Status: Act
Parliament no: 41
Summary: Amends the
Payment Systems (Regulation) Act 1998
to provide for an exemption to ensure that financial institutions do not contravene competition provisions contained in Part IV of the
Trade Practices Act 1974
when complying with the Reserve Bank’s standards for credit card interchange fees.

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Progress

House of Representatives
10 Mar 2005	Introduced and read a first time
10 Mar 2005	Second reading moved
11 May 2005	Second reading agreed to
11 May 2005	Third reading agreed to

Senate
14 Jun 2005	Introduced and read a first time
14 Jun 2005	Second reading moved
16 Jun 2005	Second reading agreed to
16 Jun 2005	Third reading agreed to

26 Jun 2005

Assent

Act no.: 65

Year: 2005

Documents and transcripts

Text of bill

First reading

Explanatory memoranda

Explanatory Memorandum

Transcript of speeches

Proposed amendments

No documents at present

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest

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 changed 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.