Corporations Amendment (Corporate Reporting Reform) Bill 2010

Type: Government
Portfolio: Financial Services, Superannuation and Corporate Law
Originating house: House of Representatives
Status: Act
Parliament no: 42
Summary: Amends the:
Corporations Act 2001
  and
Corporations Amendment (Financial Market Supervision) Act 2010
  to establish a three-tiered differential reporting framework for small companies limited by guarantee;
Financial Sector (Business Transfer and Group Restructure) Act 1999
,
Income Tax Assessment Act 1936
  and
Medibank Private Sale Act 2006
  to make consequential amendments; and
Australian Securities and Investments Commission Act 2001
  to make transitional arrangements in relation to the Company Auditors and Liquidators Disciplinary Board.

Progress

House of Representatives
26 May 2010	Introduced and read a first time
26 May 2010	Second reading moved
21 Jun 2010	Second reading debate
21 Jun 2010	Second reading agreed to
21 Jun 2010	Consideration in detail debate Amendment details: 4 government amendments agreed to
21 Jun 2010	Third reading agreed to

Senate
22 Jun 2010	Introduced and read a first time
22 Jun 2010	Second reading moved
24 Jun 2010	Second reading debate
24 Jun 2010	Second reading agreed to
24 Jun 2010	Third reading agreed to

24 Jun 2010	Text of bill as passed both Houses
28 Jun 2010	Assent Act no.: 66 Year: 2010

Documents and transcripts

Text of bill

First reading
Third reading
As passed by both houses

Explanatory memoranda

Explanatory memorandum
Supplementary explanatory memorandum
Revised explanatory memorandum

Transcript of speeches

Proposed amendments

House of Representatives
Government [sheet BG236]

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest

Notes

Referred to Committee (26/05/2010): Senate Economics Legislation Committee
Committee report (01/06/2010)

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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 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.

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