Corporations Legislation Amendment (Derivative Transactions) Bill 2012

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
43
Summary
Amends the:
Corporations Act 2001
to: enable the minister to prescribe a certain class of derivatives (in relation to a mandatory obligation); require the Australian Securities and Investments Commission to then issue a derivatives transaction rule for participants transacting in the prescribed class of derivatives; require any such rule to be consented to by the minister; and introduce a licensing regime for trade repositories; and
Australian Prudential Regulation Authority Act 1998
,
Australian Securities and Investments Commission Act 2001
,
Mutual Assistance in Business Regulation Act 1992
and
Reserve Bank Act 1959
to make consequential amendments.

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Progress

House of Representatives
Introduced and read a first time 12 Sep 2012
Second reading moved 12 Sep 2012
Second reading debate 29 Oct 2012
Second reading agreed to 29 Oct 2012
Consideration in detail debate
  • Amendment details: 2 Government agreed to
29 Oct 2012
Third reading agreed to 29 Oct 2012
Senate
Introduced and read a first time 31 Oct 2012
Second reading moved 31 Oct 2012
Second reading debate 22 Nov 2012
Second reading agreed to 22 Nov 2012
Third reading agreed to 22 Nov 2012
Text of bill as passed both Houses 22 Nov 2012
Assent
  • Act no.: 178
  • Year: 2012
06 Dec 2012

Documents and transcripts

Text of bill

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Word Format PDF Format HTML Format
Word Format PDF Format HTML Format

Explanatory memoranda

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Proposed amendments

House of representatives

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Schedules of amendments

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Bills digest

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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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