Commonwealth Government Securities Legislation Amendment (Retail Trading) Bill 2012

Type: Government
Portfolio: Treasury
Originating house: House of Representatives
Status: Act
Parliament no: 43
Summary: Amends the:
Commonwealth Inscribed Stock Act 1911
to facilitate trading of beneficial interests in Commonwealth Government Securities (CGS) on financial markets in Australia that are accessible to retail investors; and
Corporations Act 2001
to: require financial advisers to provide a prescribed information statement to retail clients when they give them personal advice about investing in CGS; and make technical amendments.

Progress

House of Representatives
27 Jun 2012	Introduced and read a first time
27 Jun 2012	Second reading moved
11 Sep 2012	Second reading debate
11 Sep 2012	Second reading agreed to
11 Sep 2012	Consideration in detail debate Amendment details: 3 Government agreed to
11 Sep 2012	Third reading agreed to

Senate
13 Sep 2012	Introduced and read a first time
13 Sep 2012	Second reading moved
01 Nov 2012	Second reading debate
01 Nov 2012	Second reading agreed to
01 Nov 2012	Third reading agreed to

01 Nov 2012	Text of bill as passed both Houses
17 Nov 2012	Assent Act no.: 155 Year: 2012

Documents and transcripts

Text of bill

First reading
Third reading
As passed by both houses

Explanatory memoranda

Supplementary explanatory memorandum
Revised explanatory memorandum
Explanatory memorandum

Transcript of speeches

Proposed amendments

House of Representatives
Government [BV276]

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest

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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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