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Second Reading Speeches

Treasury Laws Amendment (2021 Measures No. 1) Bill 2021

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
46

Track (What's this?)

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Summary

Amends the:

Corporations Act 2001
to: allow companies to execute documents, hold meetings, provide notices relating to meetings and keep minutes using electronic means or other alternative technologies until 16 September 2021; and make contingent amendments; and
Australian Securities and Investments Commission Act 2001
and
Corporations Act 2001
to: provide that all civil penalty proceedings commenced under the continuous disclosure and misleading and deceptive conduct provisions must prove that an entity or officer acted with 'knowledge, recklessness or negligence' in respect of an alleged contravention; and make consequential amendments.

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