Supplementary explanatory memorandum relating to sheet RS134
(Circulated by authority of the Treasurer, the Hon Josh Frydenberg MP)General outline and financial impact
Continuous Disclosure - Parliamentary Amendment
The Parliamentary Amendment to this Bill requires the Minister to cause an independent review of Parts 1 and 2 of Schedule 2 (continuous disclosure) to be undertaken within six months after the second anniversary of the commencement of Schedule 2 to the Bill.
Date of effect: The amendment commences on the day after the Bill receives the Royal Assent.
Proposal announced: The amendment has not been previously announced.
Financial impact: Nil.
Human rights implications: The amendment does not raise any human rights issues.
Compliance cost impact: The amendment is not expected to alter the cost impact outlined in the Explanatory Memorandum to the Bill.