Bill
Treasury Laws Amendment (2018 Measures No. 1) Bill 2018
passed, as at 2018-03-29. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2018-02-07
- second reading — 2018-02-07
- second reading — 2018-02-27
- second reading — 2018-02-27
- third reading — 2018-02-27
- introduced — 2018-03-19
- second reading — 2018-03-19
- second reading — 2018-03-28
- second reading — 2018-03-28
- third reading — 2018-03-28
- passed — 2018-03-28
- royal assent — 2018-03-29
Divisions
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2018-02-07.
This bill would change several Treasury-related laws to reduce regulatory burdens.
It would let the Tax Office send superannuation money to people who have a terminal illness, change reporting rules for companies with a receiver or controller, and delete outdated laws.
The explanatory memorandum does not specify the start date for these changes.
- Allow the Commissioner to pay superannuation directly to terminally ill individuals.
- Modify notification and reporting obligations for corporations with property in receivership or under a controller.
- Repeal inoperative Acts and remove spent provisions from taxation law.
Individuals with terminal medical conditions, corporations with property in receivership or under a controller, and the Treasury portfolio laws.
Sources
em
billhome
frl act