Financial Claims Scheme (General Insurers) Levy Bill 2008

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42
Summary
Introduced with the Financial Claims Scheme (ADIs) Levy Bill 2008 and Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Bill 2008, the bill provides for regulations to be made to impose a levy on general insurers in the event that liquidation funds are not sufficient to recover the Australian Prudential Regulation Authority’s costs of the Financial Claims Scheme.

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Progress

House of Representatives
Introduced and read a first time 15 Oct 2008
Second reading moved 15 Oct 2008
Second reading debate 15 Oct 2008
Second reading agreed to 15 Oct 2008
Third reading agreed to 15 Oct 2008
Senate
Introduced and read a first time 16 Oct 2008
Second reading moved 16 Oct 2008
Second reading debate 16 Oct 2008
Second reading agreed to 16 Oct 2008
Committee of the Whole debate 16 Oct 2008
Third reading agreed to 16 Oct 2008
Assent
  • Act no.: 104
  • Year: 2008
17 Oct 2008

Documents and transcripts

Text of bill

Word Format PDF Format HTML Format

Explanatory memoranda

Word Format PDF Format HTML Format

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

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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