Second Reading Speeches

Treasury Laws Amendment (2017 Measures No. 5) Bill 2017

Originating house
House of Representatives
Parliament no

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Introduced with the ASIC Supervisory Cost Recovery Levy Amendment Bill 2017, the bill amends the:

Corporations Act 2001
to: establish a new licensing regime requiring administrators of designated significant financial benchmarks to obtain a benchmark administrator licence from the Australian Securities and Investments Commission (ASIC); enable ASIC to make rules imposing a regulatory framework for licensed benchmark administrators and related matters; and create offences and penalties for manipulation of financial benchmarks;
Productivity Commission Act 1998
to provide for the appointment of an additional commissioner to oversee the work of the Productivity Commission in relation to the evaluation of policies and programs that have an impact on Indigenous persons; and
Corporations Act 2001
Treasury Laws Amendment (2016 Measures No. 1) Act 2017
to make consequential amendments.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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