International Law

Commonwealth Bills update

By David Jacobson

The Department of Prime Minister and Cabinet has issued a list of Bills proposed for introduction and passage in the Autumn sittings (commencing 2 February 2010).

The list includes:

Corporations Amendment (Financial Market Supervision Enhancements) Bill
to establish a framework to provide for the Australian Securities and Investments Commission (ASIC) to assume responsibility for supervision of Australia?s domestically licensed financial markets

Tax Laws Amendment (2010 Measures No. 1) Bill
to give effect to the Government?s 2008-09 Budget measure to provide funding for an optional superannuation clearing house service amongst other things

Personal Property Securities (Corporations and Other Amendments) Bill
to amend Commonwealth legislation, in particular the Corporations Act 2001 and the Personal Property Securities Act 2009, that deals with the creation, registration, prioritising, extinguishment and enforcement of security interests in personal property

Health Insurance Amendment (Diagnostic Service Measures) Bill
to remove the requirement for pathology request forms to be presented to a particular provider in order to increase patient choice and competition in the pathology market, bringing pathology into line with other diagnostic services.

Full post as published by Australian Regulatory Compliance Review on January 28, 2010 (boomark / email).