Treasury Laws Amendment (2018 Measures No. 5) Bill 2018

Originating house
House of Representatives
Parliament no

Track (What's this?)



Amends: five Acts to make technical amendments to the income tax law in relation to attribution managed investment trusts (AMITs) and managed investment trust (MITs), including modifications to the AMIT primary and transitional rules, and MIT and AMIT capital gains tax and withholding tax rules; the Income Tax Assessment Act 1997 to: update the list of specifically listed deductible gift recipients (DGRs) to include six new entities; and provide that entities that promote Indigenous languages may be endorsed as a DGR; and the Competition and Consumer Act 2010 to remove the exemption for conditional licensing or assignment of IP rights such as patents, registered designs, copyright or eligible circuit layout rights from prohibitions on restrictive trade practices.


House of Representatives
Introduced and read a first time 20 Sep 2018
Second reading moved 20 Sep 2018
Second reading debate 17 Oct 2018
Second reading agreed to 17 Oct 2018
Third reading agreed to 17 Oct 2018
Introduced and read a first time 18 Oct 2018
Second reading moved 18 Oct 2018
Second reading agreed to 14 Feb 2019
Third reading agreed to
  • : Amendment details: 2 Government and 2 Opposition agreed to
14 Feb 2019
House of Representatives
Consideration of Senate message
  • Details: House agreed to Senate amendments
18 Feb 2019
Finally passed both Houses 18 Feb 2019
  • Act no: 15
  • Year: 2019
12 Mar 2019

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments


Schedules of amendments

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.

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.

Aboriginal and Torres Strait Islander people are advised that this website may contain images and voices of deceased people.