Bill
Excise Tariff Amendment (Carbon Tax Repeal) Bill 2014
passed, as at 2014-07-17. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2014-07-14
- second reading — 2014-07-14
- second reading — 2014-07-14
- second reading — 2014-07-14
- third reading — 2014-07-14
- introduced — 2014-07-15
- second reading — 2014-07-15
- second reading — 2014-07-15
- second reading — 2014-07-15
- committee — 2014-07-15
- committee — 2014-07-16
- committee — 2014-07-17
- third reading — 2014-07-17
- passed — 2014-07-17
- royal assent — 2014-07-17
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2014-07-14.
This bill is part of a package that would repeal the carbon tax.
The package would ban businesses from price exploitation on key goods like electricity and gas after the repeal, and give the ACCC powers to monitor prices.
A corporation that breaches the ban could face a maximum penalty of 6,471 penalty units, and an individual 1,295 penalty units.
- Introduces a new prohibition on price exploitation for certain key goods related to the carbon tax repeal.
- Gives the ACCC monitoring powers to assess the effect of the carbon tax repeal on prices.
- Introduces a new prohibition on false or misleading representations about the carbon tax repeal's effect on prices.
Businesses supplying key goods such as electricity and gas, and consumers.
Sources
em
billhome
frl act