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TOTAL RESULTS: 160

  • Date
    20 Aug 2009 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the
    Foreign Acquisitions and Takeovers Act 1975
    to require foreign investors to notify the Treasurer where there is a possibility, either now or in the future, whether an investment arrangement will deliver influence or control over the business or assets of an Australian company. 

    Bill | Explanatory Memorandum

  • Date
    27 May 2009 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Part of a package of three bills to effect three private health insurance tiers, the bill amends the
    Medicare Levy Act 1986
    to increase the rate of Medicare levy surcharge for certain taxpayers who do not have complying health insurance and whose income for surcharge purposes is above the relevant Medicare levy surcharge threshold. 

    Bill | Explanatory Memorandum

  • Date
    27 May 2009 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Part of a package of three bills to effect three private health insurance tiers, the bill amends the
    A New Tax System (Medicare Levy Surcharge--Fringe Benefits) Act 1999
    to increase the rate of Medicare levy surcharge for taxpayers who do not have complying health insurance and whose income (including reportable fringe benefits) for surcharge purposes is above the relevant Medicare levy surcharge threshold. 

    Bill | Explanatory Memorandum

  • Date
    27 May 2009 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Part of a package of three bills to effect three private health insurance tiers, the bill amends the
    Income Tax Assessment Act 1936
    ,
    Income Tax Assessment Act 1997
    ,
    Private Health Insurance Act 2007
    ,
    Taxation Administration Act 1953
    and
    Taxation (Interest on Overpayments and Early Payments) Act 1983
    to reduce the amount of private health insurance rebate eligible taxpayers with complying private health insurance are entitled to when their income for surcharge purposes is above the relevant Medicare levy surcharge threshold. 

    Bill | Explanatory Memorandum

  • Date
    19 Mar 2009 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends: the
    Life Insurance Act 1995
    to establish a prudential regulation regime for non-operating holding companies of life insurance companies to be administered by the Australian Prudential Regulation Authority (APRA); 19 other Acts to make consequential amendments; and the
    Banking Act 1959
    ,
    Insurance Act 1973
    ,
    Life Insurance Act 1995
    ,
    Superannuation Industry (Supervision) Act 1993
    and
    First Home Saver Accounts Act 2008
    to provide APRA with power to seek court injunctions against breaches of conditions or directions issued under those Acts. 

    Bill | Explanatory Memorandum

  • Date
    12 Feb 2009 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Federal Financial Relations Bill 2009, the bill makes amendments and repeals parts of five Acts consequent on the proposed
    Federal Financial Relations Act 2009
    . Also repeals the
    Health Care (Appropriation) Act 1998

    Bill | Explanatory Memorandum

  • Date
    12 Feb 2009 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Federal Financial Relations (Consequential Amendments and Transitional Provisions) Bill 2009, the bill appropriates funds to provide financial assistance to the states by implementing COAG’s Intergovernmental Agreement on Federal Financial Relations through general revenue assistance (including GST payments), National Specific Purpose Payments and National Partnership payments. 

    Bill | Explanatory Memorandum

  • Date
    15 Oct 2008 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Financial Claims Scheme (General Insurers) Levy Bill 2008 and Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Bill 2008, the bill provides for regulations to be made to impose a levy on authorised deposit-taking institutions in the event that liquidation funds are not sufficient to recover the Australian Prudential Regulation Authority’s costs of the Financial Claims Scheme. 

    Bill | Explanatory Memorandum

  • Date
    15 Oct 2008 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Financial Claims Scheme (ADIs) Levy Bill 2008 and Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Bill 2008, the bill provides for regulations to be made to impose a levy on general insurers in the event that liquidation funds are not sufficient to recover the Australian Prudential Regulation Authority’s costs of the Financial Claims Scheme. 

    Bill | Explanatory Memorandum

  • Date
    15 Oct 2008 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Financial Claims Scheme (ADIs) Levy Bill 2008 and Financial Claims Scheme (General Insurers) Levy Bill 2008, the bill amends the:
    Banking Act 1959
    to establish the Early Access Facility for Depositors (EAFD) to provide access to deposit funds in a failed authorised deposit-taking institution (ADI);
    Insurance Act 1973
    to establish the Policyholder Compensation Facility (PCF) to provide access to funds from insurance claims when a general insurer fails;
    Australian Prudential Regulation Authority Act 1998
    to provide the Australian Prudential Regulation Authority with administration of the Financial Claims Scheme (comprising the EAFD and PCF);
    Banking Act 1959
    to expand the duties, powers and functions of ADI statutory managers;
    Insurance Act 1973
    ,
    Corporations Act 2001
    and
    Life Insurance Act 1995
    to provide for judicial management and recapitalisation of general and life insurers; and
    Financial Sector (Business Transfer and Group Restructure) Act 1999
    to facilitate the transfer of assets and liabilities between institutions. Also makes consequential amendments to six Acts to provide for the usage of tax file numbers for the Scheme. 

    Bill | Explanatory Memorandum

What is a bill?

A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.