Bill
People of Australia’s Commission of Inquiry (Banking and Financial Services) Bill 2017
lapsed, as at 2018-05-22. (s) KATTER, Bob, Jnr, MP portfolio.
- Sponsor
- Bob Katter
- Portfolio
- (s) KATTER, Bob, Jnr, MP
Recorded stages
- introduced — 2017-03-27
- second reading — 2017-03-27
- other — 2017-09-06
- second reading — 2017-09-11
- other — 2018-05-22
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 2017-03-27.
This bill would create a Commission of Inquiry into misconduct in banking and financial services.
The commission would have the same powers as a Royal Commission under the Royal Commissions Act 1902, plus extra powers to protect whistleblowers.
The commission would report to Parliament rather than to the government, and the bill says it would have no financial impact until separately funded.
- Establishes a Commission of Inquiry with full Royal Commission powers.
- Gives the commission additional powers to protect whistleblowers.
- Requires the commission to report to Parliament instead of the Executive.
The banking, financial services and related sectors, including superannuation and insurance providers.
Sources
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