Senate
Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019
Revised Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Josh Frydenberg MP)This memorandum takes account of amendments made by the House of Representatives.
Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| ASIC | Australian Securities and Investments Commission |
| Bill | Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 |
| Corporations Act | Corporations Act 2001 |
| Credit Act | National Consumer Credit Protection Act 2009 |
| credit product | Credit contracts, mortgages, guarantees, and consumer leases regulated under the Credit Act |
| FSI | Financial System Inquiry |