Financial Transaction Reports Amendment Bill 2006

Type
Government
Portfolio
Justice and Customs
Originating house
Senate
Status
Act
Parliament no
41

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Summary

Amends the Financial Transaction Reports Act 1988 to: amend the definition of “account” and “customer information”; and restrict the application of proposed Division 3A of Part II (which provides for customer information to be included in international funds transfer instructions) to authorised deposit taking institutions.

Progress

Senate
Introduced and read a first time 21 Jun 2006
Second reading moved 21 Jun 2006
Second reading debate 06 Sep 2006
Second reading agreed to 07 Sep 2006
Committee of the Whole debate
  • Amendment details: 5 Government agreed to
13 Sep 2006
Third reading agreed to 13 Sep 2006
House of Representatives
Introduced and read a first time 14 Sep 2006
Second reading moved 01 Nov 2006
Second reading agreed to 01 Nov 2006
Third reading agreed to 01 Nov 2006
Assent
  • Act no.: 134
  • Year: 2006
09 Nov 2006

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

Senate

Schedules of amendments

No documents at present

Bills digest

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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