Foreign Acquisitions and Takeovers Amendment (Cubbie Station) Bill 2012

Type: Private
Sponsor
Originating house: House of Representatives
Status: Before Reps
Parliament no: 43
Summary: Amends the
Foreign Acquisitions and Takeovers Act 1975
: to require the Treasurer to make an order prohibiting the acquisition or issue of any shares in Cubbie Station if this would result in the company being controlled by foreign persons; and, if Cubbie Station becomes foreign controlled, to require the Treasurer to direct the person who acquired the shares to dispose of them.

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Progress

House of Representatives
26 Nov 2012	Introduced and read a first time

Documents and transcripts

Text of bill

First reading

Explanatory memoranda

Explanatory memorandum

Transcript of speeches

Proposed amendments

No documents at present

Schedules of amendments

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Committee Information

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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.