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. 

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Progress

House of Representatives
26 May 2010Introduced and read a first time
26 May 2010Second reading moved
21 Jun 2010Second reading debate
21 Jun 2010Second reading agreed to
21 Jun 2010Consideration in detail debate

Amendment details: 4 government amendments agreed to
21 Jun 2010Third reading agreed to
Senate
22 Jun 2010Introduced and read a first time
22 Jun 2010Second reading moved
24 Jun 2010Second reading debate
24 Jun 2010Second reading agreed to
24 Jun 2010Third reading agreed to


24 Jun 2010Text of bill as passed both Houses
28 Jun 2010Assent

Act no.: 66

Year: 2010

Documents and transcripts

Text of bill

Word Format PDF Format
Word Format PDF Format
Word Format PDF Format

Explanatory memoranda

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Word Format PDF Format
Word Format PDF Format

Transcript of speeches

Proposed amendments

House of Representatives
Word Format PDF Format

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest PDF Format

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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