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Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Before Senate
Parliament no
47

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Summary

Introduced with the Treasury Laws Amendment (2022 Measures No. 3) Bill 2022 and Income Tax Amendment (Labour Mobility Program) Bill 2022, the bill amends the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 to update the fee cap amount to incorporate indexation and the dates referred to in the indexation provisions.

Progress

House of Representatives
Introduced and read a first time 08 Sep 2022
Second reading moved 08 Sep 2022
Second reading debate 27 Sep 2022
Referred to Federation Chamber 27 Sep 2022
Second reading debate 28 Sep 2022
Reported from Federation Chamber 26 Oct 2022
Second reading agreed to 27 Oct 2022
Third reading agreed to 27 Oct 2022
Senate
Introduced and read a first time 27 Oct 2022
Second reading moved 27 Oct 2022
Second reading debate 28 Nov 2022
Second reading agreed to 28 Nov 2022
Committee of the Whole debate 28 Nov 2022
Third reading agreed to 28 Nov 2022
Finally passed both Houses 28 Nov 2022

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Notes

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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