Second Reading Speeches

First Home Saver Account Providers Supervisory Levy Imposition Bill 2008

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Introduced with the First Home Saver Accounts (Further Provisions) Amendment Bill 2008 and further to the package of bills which established First Home Saver Accounts (FHSA), the bill imposes a levy on FHSA providers to provide funding for the Australian Prudential Regulation Authority to supervise financial institutions which offer FHSAs.

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