Treasury Laws Amendment (2018 Measures No. 2) Bill 2018

Originating house
House of Representatives
Not Proceeding
Parliament no

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Amends the: Corporations Act 2001 and National Consumer Credit Protection Act 2009 to allow regulations to provide for exemptions from the Australian Financial Services Licence and Australian Credit Licence requirements for the purposes of testing financial and credit products and services under certain conditions; Income Tax Assessment Act 1997 to amend the venture capital and early stage investor provisions to ensure that they operate as intended in relation to capital gains tax transactions, managed investment trusts and the early stage investor tax offset; and Income Tax Assessment Act 1936 to amend the definition of public trading trusts.


House of Representatives
Introduced and read a first time 08 Feb 2018
Second reading moved 08 Feb 2018
Second reading debate 25 Jun 2018
Second reading agreed to 25 Jun 2018
Third reading agreed to 25 Jun 2018
Introduced and read a first time 26 Jun 2018
Second reading moved 26 Jun 2018
Lapsed at end of Parliament 01 Jul 2019

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments


Schedules of amendments

No documents at present

Bills digest


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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