Treasury Laws Amendment (2017 Measures No. 2) Bill 2017

Originating house
House of Representatives
Parliament no

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Amends: six Acts to make amendments arising out of the enactment of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 in relation to: the transfer balance cap; concessional and non-concessional contributions; limited recourse borrowing arrangements; objective of superannuation; transition to retirement income streams; capital gains tax relief for superannuation funds; and administrative processes; the Bankruptcy Act 1966 and Corporations Act 2001 to enable a single approval to cover a profit or advantage received by an external administrator or trustee even when the benefit is passed on to multiple related entitles; and the Corporations Act 2001 to: ensure that annual and end-of-control returns by controllers are included on the Australian Securities and Investments Commission’s public register; and make technical amendments.


House of Representatives
Introduced and read a first time 25 May 2017
Second reading moved 25 May 2017
Second reading debate 15 Jun 2017
Second reading agreed to 15 Jun 2017
Third reading agreed to 15 Jun 2017
Introduced and read a first time 15 Jun 2017
Second reading moved 15 Jun 2017
Second reading agreed to 15 Jun 2017
Third reading agreed to 15 Jun 2017
Finally passed both Houses 15 Jun 2017
  • Act no: 55
  • Year: 2017
22 Jun 2017

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present


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 changes 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.

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