Bill
Corporations (Fees) Amendment (ASIC Fees) Bill 2018
passed, as at 2018-06-28. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2018-05-24
- second reading — 2018-05-24
- second reading — 2018-06-18
- second reading — 2018-06-18
- third reading — 2018-06-18
- introduced — 2018-06-19
- second reading — 2018-06-19
- second reading — 2018-06-28
- second reading — 2018-06-28
- third reading — 2018-06-28
- passed — 2018-06-28
- royal assent — 2018-06-28
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 2018-05-24.
This bill is part of a package that would raise fee limits so the corporate regulator can recover its costs for supervising financial services.
The package would let the regulator set different fees depending on the type of entity and the complexity of the application, and charge extra for changing or cancelling an auditor's registration.
The explanatory memorandum does not specify the new fee caps or the start date.
- Raise the maximum fees the regulator can charge for its supervisory work.
- Let the regulator set different fees based on entity type and application complexity.
- Allow the regulator to charge extra fees for changing or cancelling a self-managed super fund auditor's registration.
Companies and other entities regulated by the Australian Securities and Investments Commission, and approved SMSF auditors.
Sources
em
billhome
frl act