Bill
National Consumer Credit Protection (Fees) Amendment (Registries Modernisation) Bill 2019
passed, as at 2020-06-22. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2019-12-04
- second reading — 2019-12-04
- second reading — 2020-02-12
- second reading — 2020-02-12
- third reading — 2020-02-12
- introduced — 2020-02-13
- second reading — 2020-02-13
- second reading — 2020-06-11
- second reading — 2020-06-12
- second reading — 2020-06-12
- third reading — 2020-06-12
- passed — 2020-06-12
- royal assent — 2020-06-22
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 2019-12-04.
This bill is part of a package that would modernise Commonwealth business registers and introduce a director identification number requirement.
The package would allow a minister to appoint an existing Commonwealth body as registrar, with powers set out in existing laws and data standards made by the registrar.
Directors would need to apply for a director identification number before appointment, with existing directors given time specified in a legislative instrument and new directors having an extra 28 days during the first 12 months.
- The package would modernise Commonwealth business registers.
- The package would introduce a director identification number requirement.
- The package would allow the minister to appoint an existing Commonwealth body as registrar.
- The package would set out the registrar's functions and powers in existing Commonwealth laws.
- The package would allow the registrar to make data standards as disallowable instruments.
- The package would create offences for unauthorised disclosure of information held by the registrar.
Directors of bodies corporate registered under the Corporations Act or the CATSI Act, and the Australian Securities and Investments Commission and the Australian Business Register.
Sources
em
billhome
frl act