Carbon Credits (Consequential Amendments) Bill 2011

Type
Government
Portfolio
Climate Change and Energy Efficiency 
Originating house
House of Representatives 
Status
Act 
Parliament no
43
Summary
Part of a package of three bills to establish the Carbon Farming Initiative, the bill amends the:
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
  to provide that financial institutions and other persons who buy Australian carbon credit units (ACCUs) are subject to reporting and other obligations;
Australian Securities and Investments Commission Act 2001
  and
Corporations Act 2001
  in relation to the regulation of financial services for ACCUs;
Australian Securities and Investments Commission Act 2001
,
Competition and Consumer Act 2010
  and
National Greenhouse and Energy Reporting Act 2007
  to provide for the appropriate exchange of information between administrators; and
National Greenhouse and Energy Reporting Act 2007
  to extend the arrangements for reporting transfer certificates beyond 30 June 2011. 

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Progress

House of Representatives
24 Mar 2011Introduced and read a first time
24 Mar 2011Second reading moved
25 May 2011Second reading debate
15 Jun 2011Second reading debate
16 Jun 2011Second reading debate
16 Jun 2011Second reading agreed to
16 Jun 2011Third reading agreed to
Senate
20 Jun 2011Introduced and read a first time
20 Jun 2011Second reading moved
05 Jul 2011Second reading debate
06 Jul 2011Second reading debate
06 Jul 2011Second reading agreed to
06 Jul 2011Committee of the Whole debate
16 Aug 2011Committee of the Whole debate
17 Aug 2011Committee of the Whole debate
18 Aug 2011Committee of the Whole debate
22 Aug 2011Committee of the Whole debate
22 Aug 2011Third reading debated
22 Aug 2011Third reading agreed to


22 Aug 2011Text of bill as passed both Houses
15 Sep 2011Assent

Act no.: 102

Year: 2011

Documents and transcripts

Text of bill

Word Format PDF Format
Word Format PDF Format

Explanatory memoranda

Word Format PDF Format

Transcript of speeches

Proposed amendments

No documents at present

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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