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Treasury Laws Amendment (2021 Measures No. 1) Bill 2021

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
46

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Summary

Amends the: Corporations Act 2001 to: allow companies to execute documents, hold meetings, provide notices relating to meetings and keep minutes using electronic means or other alternative technologies until 16 September 2021; and make contingent amendments; and Australian Securities and Investments Commission Act 2001 and Corporations Act 2001 to: provide that all civil penalty proceedings commenced under the continuous disclosure and misleading and deceptive conduct provisions must prove that an entity or officer acted with 'knowledge, recklessness or negligence' in respect of an alleged contravention; and make consequential amendments.

Progress

House of Representatives
Introduced and read a first time 17 Feb 2021
Second reading moved 17 Feb 2021
Second reading debate 15 Mar 2021
Second reading debate 17 Mar 2021
Second reading agreed to 17 Mar 2021
Consideration in detail debate 17 Mar 2021
Third reading agreed to 17 Mar 2021
Senate
Introduced and read a first time 18 Mar 2021
Second reading moved 18 Mar 2021
Second reading debate 09 Aug 2021
Second reading agreed to 09 Aug 2021
Committee of the Whole debate
  • Amendment details: 12 Government agreed to
09 Aug 2021
Third reading agreed to 09 Aug 2021
House of Representatives
Consideration of Senate message
  • Details: House agreed to Senate amendments
10 Aug 2021
Finally passed both Houses 10 Aug 2021
Assent
  • Act no: 82
  • Year: 2021
13 Aug 2021

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

House of representatives

Senate

Schedules of amendments

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.