Trade Practices Legislation Amendment Bill (No. 1) 2007

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
41
Summary
Amends the
Trade Practices Act 1974
to: create a second Deputy Chairperson position at the Australian Competition and Consumer Commission; clarify the operation of the misuse of market power and unconscionable conduct provisions; and makes consequential amendments to the
Australian Securities and Investments Commission Act 2001
, in relation to the application of the unconscionable conduct rules to the supply and acquisition of financial products and services.

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Progress

House of Representatives
Introduced and read a first time 20 Jun 2007
Second reading moved 20 Jun 2007
Second reading agreed to 08 Aug 2007
Third reading agreed to 08 Aug 2007
Senate
Introduced and read a first time 09 Aug 2007
Second reading moved 09 Aug 2007
Second reading debate 11 Sep 2007
Second reading agreed to 17 Sep 2007
Committee of the Whole debate
  • Amendment details: 3 Government agreed to
17 Sep 2007
Third reading agreed to 18 Sep 2007
House of Representatives
Message from Senate reported 18 Sep 2007
Consideration of Senate message
  • Details: House agreed to Senate amendments
19 Sep 2007
Assent
  • Act no.: 159
  • Year: 2007
24 Sep 2007

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

House of representatives

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Senate

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Schedules of amendments

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Bills digest

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Notes

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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 theĀ 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.

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