Bankruptcy Legislation Amendment (Superannuation Contributions) Bill 2006 [2007]

Type
Government
Portfolio
Attorney-General
Originating house
Senate
Status
Act
Parliament no
41

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Summary

Amends the: Bankruptcy Act 1966 and Payment Systems and Netting Act 1998 to provide for the recovery of superannuation contributions made with the intention to defeat creditors; and Bankruptcy Act 1966 and Proceeds of Crime Act 2002 to: provide for certain rural support grants to be exempt from the property available to pay the bankrupt’s creditors; and make minor technical amendments in relation to the operation of the Act.

Progress

Senate
Introduced and read a first time 06 Dec 2006
Second reading moved 06 Dec 2006
Second reading agreed to 01 Mar 2007
Third reading agreed to 01 Mar 2007
House of Representatives
Introduced and read a first time 01 Mar 2007
Second reading moved 28 Mar 2007
Second reading agreed to 28 Mar 2007
Third reading agreed to 28 Mar 2007
Assent
  • Act no.: 57
  • Year: 2007
15 Apr 2007

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

No proposed amendments have been circulated.

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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