Following government endorsement of the recommendations of the Review of Corporate Governance of Statutory Authorities and Office Holders (the Uhrig Review), the bill amends the:
Australian Securities and Investments Commission Act 2001,
Corporations Act 2001,
Australian Prudential Regulation Authority Act 1998 and
Financial Institutions Supervisory Levies Collection Act 1998 to apply the
Financial Management and Accountability Act 1997 to the relevant agencies; and
Australian Prudential Regulation Authority Act 1998 in relation to legislative instruments.