Proceeds of Crime (Consequential Amendments and Transitional Provisions) Bill 2002

Summary

Introduced with the Proceeds of Crime Bill 2002, the bill amends the: Criminal Code Act 1995 to insert new money laundering offences; Telecommunications (Interception) Act 1979 to update cross references; International War Crimes Tribunals Act 1995 in relation to enforcement of foreign restraining and forfeiture orders; Mutual Assistance in Criminal Matters Act 1987 to: reflect provisions of the new proceeds regime; and relocate provisions which relate to foreign orders and offences; Financial Transaction Reports Act 1988 to relocate record retention provisions; Bankruptcy Act 1966 to ensure that bankruptcy is not used to thwart confiscation of proceeds of crime; Family Law Act 1975 to ensure that property settlements and spousal maintenance cannot be used to defeat confiscation of proceeds of crime; Administrative Decisions (Judicial Review) Act 1997 so that it does not apply to certain decisions of the Director of Public Prosecutions or an approved examiner; Australian Federal Police Act 1979 and Director of Public Prosecutions Act 1983 in relation to the functions of the AFP and the DPP respectively; Telecommunications (Interception) Act 1979 and National Crime Authority Act 1984 to include forfeiture proceedings within the meaning of relevant proceedings; Taxation Administration Act 1953 in relation to access to taxation information; and Proceeds of Crime Act 1987 to repeal relocated and redundant provisions, including provisions relating to existing money laundering offences. Also makes consequential amendments to 8 other Acts and contains transitional and application provisions.

Progress

House of Representatives
Introduced and read a first time	13 Mar 2002
Second reading moved	13 Mar 2002
Second reading agreed to	27 Jun 2002
Third reading agreed to	27 Jun 2002

Senate
Introduced and read a first time	20 Aug 2002
Second reading moved	20 Aug 2002
Second reading debate	16 Sep 2002
Second reading debate	19 Sep 2002
Second reading agreed to	23 Sep 2002
Third reading agreed to	23 Sep 2002


Assent Act no.: 86 Year: 2002	11 Oct 2002

Documents and transcripts

Text of bill

First reading

Third reading

Explanatory memoranda

Explanatory Memorandum

Revised Explanatory Memorandum

Supplementary Explanatory Memorandum

Transcript of speeches

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Bills digest

Bills Digest

Notes

An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)

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.