Financial Transaction Reports Amendment Bill 2006

Type
Government
Portfolio
Justice and Customs 
Originating house
Senate 
Status
Act 
Parliament no
41
Summary
Amends the
Financial Transaction Reports Act 1988
  to: amend the definition of “account” and “customer information”; and restrict the application of proposed Division 3A of Part II (which provides for customer information to be included in international funds transfer instructions) to authorised deposit taking institutions. 

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Progress

Senate
21 Jun 2006Introduced and read a first time
21 Jun 2006Second reading moved
06 Sep 2006Second reading debate
07 Sep 2006Second reading agreed to
13 Sep 2006Committee of the Whole debate

Amendment details: 5 Government agreed to
13 Sep 2006Third reading agreed to
House of Representatives
14 Sep 2006Introduced and read a first time
01 Nov 2006Second reading moved
01 Nov 2006Second reading agreed to
01 Nov 2006Third reading agreed to


09 Nov 2006Assent

Act no.: 134

Year: 2006

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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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