Division
The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2018-02-07.36.1) to read the bill for a third time. In other words, they voted to pass the bill. Because it had already been passed in the House of Representatives, it will now become law. ### What does the bill do? According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1718a/18bd070), the bill was introduced to: * *apply new accountability obligations to senior executives of authorised deposit-taking institutions (ADIs) and* * *introduce a civil penalty regime alongside enhanced powers for the Australian Prudential Regulation Authority (APRA) to rely on in the event ADIs and certain accountable persons fail to meet the new obligations.*
Senate, 2018-02-07. affirmative: ayes 38, noes 3.
Question
The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2018-02-07.36.1) to read the bill for a third time. In other words, they voted to pass the bill. Because it had already been passed in the House of Representatives, it will now become law. ### What does the bill do? According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1718a/18bd070), the bill was introduced to: * *apply new accountability obligations to senior executives of authorised deposit-taking institutions (ADIs) and* * *introduce a civil penalty regime alongside enhanced powers for the Australian Prudential Regulation Authority (APRA) to rely on in the event ADIs and certain accountable persons fail to meet the new obligations.*
How each member voted
Per-member votes are not present in this static export. Consult the original division record.
Related bills
Only formal divisions leave a per-member record. A procedural vote is not necessarily a vote for or against a bill.